Our Blog
An Investment Advisor from the Old School.
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The Power of Patience
Investors can easily get sidetracked by market fluctuations. We’re bombarded with news headlines, social media updates, and the constant buzz about the “next big thing.” But at AFIA, we believe that true, long-term investment success hinges on a less glamorous, yet far more powerful virtue: patience. We focus on identifying fundamentally sound companies that are…
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Invest Like You Shop for Groceries, Not Perfume: A Lesson from Benjamin Graham
At AFIA, we often discuss with you our investment strategy and the importance of having a long-term perspective. In that vein, we want to share a principle from an early mentor of Warren Buffet, Benjamin Graham: “Buy stocks the way you buy groceries, not perfume.” What does this mean? It’s a powerful analogy that emphasizes…
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Why We Work as a Team on Your Accounts
Traditional financial advisors often work independently, with one representative managing several accounts. However, we follow a different approach. While you might usually interact with one or two of us, our team works to manage your portfolio. We think this collaborative method offers at least five key advantages: We understand this may seem unusual. However, you…
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Can You Afford to Get Out of a Bad Investment?
We’ve all been there. You poured your heart (and your money) into a stock or business venture, only to see it flounder. The urge to “hold on” can be strong, fueled by the fear of admitting defeat and the belief that things will eventually turn around. But clinging to a losing investment, driven by the…
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Protect Yourself from Financial Abuse
As your financial advisor, we want to help you reach your financial goals and support your financial security. That’s why we need to address a growing concern: financial abuse. It’s estimated that nearly $3 billion is stolen each year through financial exploitation, and this figure may be low. While financial abuse certainly affects older adults,…
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Think Twice before Converting Your IRA to a ROTH
Recently I heard a radio ad that asked: “Will your traditional IRA cost you thousands in taxes?” The financial planner asking this question suggested he could help convert your traditional IRA into a ROTH IRA and eliminate future taxes. This certainly sounds intriguing, especially when he added: “You don’t know how much of the money…