About Risk

Our approach to risk is truly different.  

Their Way:  In the "best practices" of the mass-customized world that is the financial services industry, you will be asked to complete your "risk tolerance" questionnaire so that the "optimum" portfolio can be developed to maximize your return for the risk that you can tolerate. 

To put this "best practice" another way:

"How much pain can you tolerate?  Let's build a portfolio for you that will guarantee that you experience that pain." 

Is that really what you want?  We don't think that is your intent. 

Our Way:  Our advice process is designed to give you:

        Confidence in achieving the goals that YOU value,
        Without UNDUE sacrifice to your lifestyle,
        While Avoiding UNNECCESSARY risk.

Our premise about Investment Risk Tolerance:

•  Investors should only take as much risk as is necessary
  to achieve their financial goals and should not take
  unnecessary risks simply because higher risks are "tolerable" 

Our Premise about Taking Risk:

• Risk should only be taken when it will buy you something that you value in life, not because it is tolerable.

Another dig at the "best practices" of our industry - Performance Reporting:

• Past performance already happened, cannot be changed,
  and isn't an indication of future results. Therefore,
  monitoring progress means looking forward to understand
  whether goals are likely to be met.  It is not just looking
  at a quarterly performance report to see how you did against some artificial benchmark that has been substituted for your actual life goals.

"Weathcare.. The Future of Financial Advising"  August 29, 2001© 2002-2003 Wealthcare Capital Management All Rights Reserved.  Used w/ permission.