32 PalletCentral • September-October 2016 palletcentral.com
The Modern Portfolio Theory with a "buy and
hold" approach results in too much draw-down
risk and heartache when the markets do not
cooperate. One does not have to look too far back
to see the damage suffered by most investors
during the financial crisis in 2008. Active risk
management helps prevent such 'draw-downs'
when corrections occur. Plan sponsors have to
manage assets to prevent portfolio draw-downs'
of 50 percent, similar to the S&P 500 in the 17
months from October 2007 to March 2009.
Prudent investment management focuses on
seeking superior risk-adjusted rates of return over
a market cycle. Building wealth is not about what
you make, it is about what you keep. This resolute focus on case
design and capital preservation through risk control is how
business owners can create more meaningful plans that have an
emphasis on tax reduction and wealth preservation.
PC
INSURANCE
Dan Dougherty, ChFC, is Managing Partner of Absolute
Wealth Management, LLC. He may be reached at
ddougherty@awmllc.info or by phone: 610-543-5500.
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iStockphoto.com/artisteer
To better understand the way
that the Super 401K works, you
must begin with educating the
business owners of their options
to reduce their tax liability.
