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Our Offices at
14 Pleasant Street
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Dear Friends,
One of the things we hope to accomplish by sending our newsletter is to help you keep alert to opportunities that can benefit you financially. In any economy, market cycle, and political environment there are unique opportunities for individuals and families to make financial progress, and 2010 is no exception.
Due in part to recent market, political, and economic events, opportunities are abundant. Depending on your personal circumstances, some of these may be worth a closer look.
Our newsletter this month opens with a sampling of opportunities that we would like to bring to your attention today. They range from ideas as simple as doing a better job implementing your investment strategy to taking advantage of new Roth IRA rules that can benefit some individuals and families.
On Course Financial Group started 2010 with a goal of bringing live educational opportunities to individuals and families who want to know more about how to achieve financial independence. We are pleased to announce that we have teamed together with Boys & Girls Clubs of Southern Maine to host an education series on matters of personal finance. Our first event is on March 25th in Portland. More information about this series follows.
Regarding investing, there are many adjectives which can be used to describe recent market history: fascinating, scary, confusing, unusual, and complex to name a few. Because the pace of events in the markets and economy has been so dynamic, we feel many of our readers may be interested in our perspective, particularly as it pertains to investing as part of the financial planning process. We close this newsletter with our recent commentary to investors.
Best,
Michael G. Donahoe, CFP®, MBA
Karen Elise Kilbride, CFP®, CPA |
Make Financial Progress in 2010
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Following are some concepts and ideas which we believe are worth paying attention to today. They include making improvements to the implementation of your investment strategy, evaluating Roth IRA opportunities, and last minute opportunity to make home ownership changes.
Improve The Implementation of Your Investment Strategy
There may be an opportunity for you to earn and keep more of your investment return by employing a disciplined process on the implementation of your strategy and avoiding some common investor mistakes. For example, a personal investment account (taxable) which does not employ a tax managed strategy can reduce your real return through additional income tax.
Perhaps you have had circumstances where you needed to take withdrawals from your investment portfolio during a market downturn. This is a common and costly investor mistake, resulting in realized losses, which can be avoided with financial planning and a disciplined investment process. If these actions sound familiar, you could be hindering your ability to make financial progress through investing.
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Educational Events to Consider
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We are excited to be bringing live educational opportunities to individuals and families who want to know more about how to achieve financial independence. Our first such event will be Thursday, March 25th at 6:30 PM. The event is being co-hosted with the Boys & Girls Clubs of Southern Maine.
The education series will include various topics such as investing and planning for retirement. The theme of our first forum is retirement income planning. If you have begun to wonder how you will sustain your current standard of living once income from working ceases, this is for you!
The session is complimentary, but registration is required.
More details available at and registration are available at
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Investment Perspective
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Each quarter we publish our investment commentary, which is sent to our investment advisory clients and posted to our website.
Our approach to investing reflects our belief that the market is not something you can second guess or control. We believe your investment strategy should align the type of investment security with the anticipated timing of your withdrawals. This can help manage the risk of needing to sell long term investments during a market downturn.
This process places financial planning as the cornerstone of your investment plan, instead of the other way around.
Following is a link to our recent investment commentary. If you would like to receive future commentaries by email please send us a note from the contact us page of our website.
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