Self-employed savers should be prepared for boom-and-bust cycles, said Asher Rogovy, chief investment officer at New York-based investment advisory firm Magnifina.
Asher Rogovy, the chief investment officer at Magnifina, explains this approach is supported by the gains typically seen from a relatively conservative investment strategy. For a portfolio valued at $500,000, you could expect to disburse $20,000 annually.
According to Asher Rogovy, chief investment officer at Magnifina, research shows that a well-managed portfolio can afford to provide 4% for withdrawal nearly indefinitely.
“Sudden layoff announcements can be a sign that management is too short-sighted. However, they are often effective and can serve to get a company back on track.”
Asher Rogovy, chief investment officer of Magnifina, pointed out, “The greatest long-term investors like Buffett made their fortune from holding a few top stocks rather than trading in and out of hundreds.”
“Gold is a classic inflation hedge, but most hedges work best in the short term. Over the long term, gold has tracked inflation, but even government bonds have performed better historically,” Asher Rogovy, chief investment officer at long-term investment adviser Magnifina, told S&P Global Commodity Insights.
An irrevocable trust may be the answer, said Asher Rogovy, chief investment officer of Magnifina. However, he said there are some very important mistakes to avoid when establishing a trust.
“The Sharpe ratio is the excess return of an investment divided by the standard deviation of returns, which is a measure of risk,” says Asher Rogovy
“When it comes to investing, wealthy individuals and families often have advantages that come from their investment advisors,” said Asher Rogovy, chief investment officer at Magnifina.
Asher Rogovy, chief investment officer of Magnifina LLC, says: “If an investor is simply seeking exposure to a real estate market in an IRA, using a REIT can be considerably easier.”
