Grow Your Wealth With Confidence
There was a time when an investor could simply build a 60/40 portfolio based on stock/bond weighting or growth/value relationship. The truth is that today this approach is outdated. At Garden State Securities, we combine long-term fundamental investing pillars with tactical portfolio allocation and a flexible mindset.
How It Works
We focus on actively managing your investments. Our process involves carefully looking at every element and optimizing each by...
- Identifying your risk tolerance and your ideal asset mix.
- Looking at the big picture of the current macro environment and areas of the market where we can be tactical and opportunistic.
- Analyzing the entire investable universe and how best to execute that view, typically via ETFs/low-cost Mutual Funds/individual stocks.
- Continuously monitor for tactical investment opportunities.
- Using technical analysis to follow trends.
- Taking advantage of special opportunities & situations that develop through ongoing monitoring of current events that impact domestic and/or global markets.
The Key to Success
We regularly challenge our thesis to ensure the environment we think we are in still applies. After all, it’s not what you don’t know that kills you—it’s what you think you know that just ain't so.
Historically, the best investors have a 55-60% success rate. So with that kind of success rate how have they been so successful?
- They accept that they will be wrong from time to time and they adjust accordingly. We believe there is no shame in being wrong—there is shame in staying wrong. So if the macro data and price action confirms our thesis to be wrong, we adjust. As John Maynard Keynes famously said, “When the facts change, I change...what do you do sir?”
- They remove emotions from the game. We adhere to rules-based principles when adjusting portfolios. Our competitive advantage over other investors is not that we can’t be emotional about the stock market. It’s that we are aware of our emotional response to negative outcomes and inherent biases, and we don’t allow that to drive our decision-making.
