Investment Philosophy

Your Partner To Financial Success

Tactical Investing

In today’s environment of more volatile markets, tactical investing can be an important tool in an investor’s portfolio. While the practice of buying and holding quality companies for the long-term should always remain the goal, monitoring and adjusting “what you own” have become essential strategies to achieving long-term investment success. At NCM, the tenets of our philosophy are:

  • Strategic asset allocation provides an appropriate balance between risk and return, especially during challenging market conditions.
  • Investing in low-cost, tax-efficient, and transparent investments is a proven approach; the investments and securities that we use are all publicly-traded, priced daily and highly liquid.
  • Market timing is NOT an effective long-term investment strategy.
  • Investing in proprietary products often benefits the advisor or firm, not necessarily the client.

We feel that advisors often make investing far more complex than it needs to be. We try to be value investors for our clients, choosing fair or under-priced securities rather than chasing the latest fad or investment bubble.

We utilize low-cost, tax-efficient and transparent investments such as:

➢ Exchange-traded funds (ETF’s)➢ Individual bonds
➢ Individual securities➢ Options
➢ Index funds➢ Managed Futures

FACT: Most active managers do not beat their index benchmark over time; it is further true that hedge funds, private equity or other complex structured products are not appropriate for most investors.

In short, we stay diversified in our portfolios, while maintaining the flexibility to underweight or overweight in a particular asset class when it is appropriate. We stand ready to add to positions that are more attractive in relative terms, just as we are prepared to step away from an investment that may have appreciated in value and is at a level above our criteria for what dictates a fair price.