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Altrius Capital Blog

11 Nov 2019

My Thoughts on Mixing Religion and Investing

Posted by James Russo

Though I thought long and hard during many periods of my life about a calling to the priesthood, I would never feel comfortable building my business by using religion as a marketing plan. For one, I understand that I am an imperfect man incapable of living up to perfect ideals. I wouldn't want my clients and friends to entrust their assets to our firm with an expectation that I will not make mistakes in my life and potentially become disillusioned by my missteps. Secondly, I don't know if God wants us to be financially successful or not. The ideals I've studied for endeavoring to live a noble life have little connection with monetary things and many, like St. Francis and Mother Teresa, have lived with little worldly possessions while leaving a remarkable legacy. Faith, hope and charity require a belief in the Divine while the cardinal virtues of prudence, temperance, fortitude, and justice may be well exemplified by non-believers alike.

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Topics: investor, investors, investments, investment, funds, firm, ponzi, shareholders, profits, scams

25 Oct 2019

The Perils with Option Strategies

Posted by James Russo

Ignore the avalanche of TV commercials touting the money to be made using option strategies. The big money they refer to is for them, not you.

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Topics: portfolio, investors, clients, strategies, money, fund, liquidity, options, strategy, firm

26 Sep 2019

Fallacy of the Financial Fast Track

Posted by James Russo

Investors are continuously bombarded by discount brokerage commercials urging them to trade, trade, trade. They're exhortations are understandable; getting people to trade is how discount brokers generate income. But what's good for them is not necessarily good for their investor clients, despite their claims that they can teach people how to trade effectively.

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Topics: investor, clients, investment, strategies, trading, brokers, discount, brokerage, trade, money

04 Sep 2019

Even Buffett Can Get It Wrong

Posted by James Russo

During his annual shareholder meeting in 2018, Warren Buffett advised investors to put all their money into the Vanguard 500 index. In contrast, "The Big Short" investor Michael Burry recently explained why the wildly popular inflows to index funds are distorting the prices of the stocks they are designed to track and warned about the bubble.

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Topics: stocks, portfolio, investor, value, investors, growth, bubble, indexes, nasdaq, index

26 Jul 2019

The Death of the “Stretch IRA”

Turns out Congress can actually agree on something – and it could drastically alter your financial plan

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Topics: ira, tax, planning, beneficiary, americans, retirement, taxes, burden, act, owner