Updated Model Portfolios

As we move into summer with school out and vacation season upon us, we want to update you with the news from HarborLight Investments. To start, we recently made a small change to the equity holdings in our model portfolios. The models have been fairly US-centric for the last few years and that has been a good thing as US markets have outperformed International markets consistently since 2011. At this point international markets are a significantly better value and have a growth outlook that is similar to the US market, so we moved a portion of our US equity holdings into international equities. This is a minor shift as our models still hold more US equities than international equities due to the added risks of investing in international markets.

Otherwise, we remain comfortable with the models as they are and will continue to watch global markets, central banks, and policy makers. In general, we try to keep our hands off the models as they are built for the long-term, but small tweaks like this are important when thoughtful analysis points to making such a change.

Certified Financial Planners

We (both Jason and Chris) are approaching the finish line in our mission to attain the Certified Financial Planner (CFP) designation. Financial Planners who go the extra mile to achieve the CFP designation are akin to accountants who decide to pursue additional education in order to become a CPA.

The coursework is both rigorous and time consuming but it has provided additional depth to our planning skillset. The cherry on top of the coursework is a 6-hour exam covering: Financial Planning Principles, Education Planning, Risk Management and Insurance Planning, Investment Planning, Tax Planning, Retirement Savings and Income Planning, and Estate Planning. Copious continuing education requirements ensure that HarborLight clients will receive the most up-to-date planning services.

We hold ourselves to the highest standard when it comes to serving our clients, and we will go the extra mile to make sure we are providing the best service possible.  

What is Financial Planning?

At its core, Financial Planning is an effort to enhance your overall financial standing by focusing on intelligent decision making.  

Financial Sherpas: There are an endless series of financial decisions to make (or avoid making) along our journey and choosing wisely at each fork in the road can be the difference between success and failure. We know our clients and understand their goals so we are able to help them make decisions that are both financially savvy and appropriate for their unique situation.

We can help: Whether you need a second set of eyes as you work through one important choice or you want to delegate your financial decision making to dedicated professionals we are here to help and would love to hear from you.

Common scenarios we encounter:

  • Can I start working part time or even retire?
  • How much should we be saving for education expenses?
  • I have saved/inherited a large amount of cash and am unsure of what to do with it.
  • My investments are scattered all over the place- is that bad?
  • What should I be doing differently?

We love our work and strive to provide peace of mind for our clients. Please feel free to contact us to get the ball rolling.

10 Tips for Achieving Financial Security

Each update from HL includes a link to a helpful personal finance article.

This time around we are including a respectable list of financial “rules of thumb”. How many of these tips are you following?

10 Tips

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Jason Draut, CFP®
516 El Cerrito Plaza
El Cerrito, CA 94530
Chris Sheehy, CFP®
180 7th Ave Suite 204
Santa Cruz, CA 95062
© 2020 HarborLight Investments