Dollar-Based Investing Sedona AZ

Find out the answers to commonly asked investing questions.

Mr. Glen E. Polcyn, CFP®
(928) 282-4546
150 Sugarloaf Drive
Sedona, AZ
Firm
B&G Financial Services
Areas of Specialization
Accounting, Asset Allocation, Budget Development, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Estate Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: $100,001 - $250,000

Profession: Self-Employed Business Owners

Data Provided by:
Mr. John R. Depasquale, CFP®
(928) 634-4848
2735 S Covey Ct
Cottonwood, AZ
Firm
Sundance Wealth Management
Areas of Specialization
Comprehensive Financial Planning, Estate Planning, Investment Management, Retirement Income Management, Retirement Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $50,001 - $100,000

Profession: Self-Employed Business Owners

Data Provided by:
Chase Bank
(928) 282-4127
1300 W Hwy 89a
Sedona, AZ
Type
Freestanding
Office Hours
Mon:9:00-5:00
Tues:9:00-5:00
Wed:9:00-5:00
Thurs:9:00-5:00
Fri:9:00-6:00
Sat:9:00-1:00
Sun:closed

Wells Fargo - Sedona
(928) 282-7145
2201 W Hwy 89A
Sedona, AZ
Type
Branch
Office Hours
Mon-Fri 09:00 AM-06:00 PM
Sat 09:00 AM-04:00 PM
Sun Closed

Chase Bank
(928) 634-5567
1540 Hwy 89a
Cottonwood, AZ
Type
Freestanding
Office Hours
Mon:8:30-6:00
Tues:8:30-6:00
Wed:8:30-6:00
Thurs:8:30-6:00
Fri:8:30-6:00
Sat:9:00-1:00
Sun:closed

Mr. Robert C. Groninger, CFP®
(928) 282-4487
10660 E Valley View Dr
Cornville, AZ
Firm
Fiscal Therapy

Data Provided by:
Mr. John Thomas Taylor Iii, CFP®
(928) 567-9512
PO Box 1350
Camp Verde, AZ
Firm
Taylor & Padgett Financial Group

Data Provided by:
Bank of America - West Sedona
(928) 282-4444
1771 W Hwy 89a
Sedona, AZ
Type
Banking Center
Services
Banking Center Services: Commercial Deposits, Night Deposits, Drive Up
Outdoor ATM Services: Open 24 Hours, Talking ATM, Braille, Accepts Deposits, Drive Up, Deposit Image
Languages
English, Spanish, Chinese, Korean, French, Russian, Portuguese
Office Hours
Monday 9-5
Tuesday 9-5
Wednesday 9-5
Thursday 9-5
Friday 9-6
Saturday 9-1
Sunday Closed
Drive Up Hours
Monday 9-5
Tuesday 9-5
Wednesday 9-5
Thursday 9-5
Friday 9-6
Saturday 9-1
Sunday Closed

Chase Bank
(928) 284-1030
6666 Hwy 179
Sedona, AZ
Type
Freestanding
Office Hours
Mon:9:00-6:00
Tues:9:00-6:00
Wed:9:00-6:00
Thurs:9:00-6:00
Fri:9:00-6:00
Sat:9:00-1:00
Sun:closed

Wells Fargo - Cottonwood
(928) 634-4221
1201 E State Route 89A
Cottonwood, AZ
Type
Branch
Office Hours
Mon-Fri 09:00 AM-06:00 PM
Sat 09:00 AM-04:00 PM
Sun Closed

Data Provided by:

Dollar-Based Investing

Provided by:

What is dollar-based investing?

Traditionally, you invest by buying a whole number of shares, and the cost is the number you buy multiplied by the price: ABCD is selling for $20.25 per share. You want to buy ten shares. 10 X $20.25 = $202.50.

With dollar-based investing, you buy stocks or other investments in a dollar amount you choose, instead of in multiples of the stock price. Let's say you decide to invest $200 a month; your investment doesn't normally buy an exact whole number of shares. With dollar-based investing, you can purchase the shares of your choice in fractional amounts. It's a great idea for the average investor who wants to invest consistent amounts for the long term.

How much risk is too much?

Whenever you feel like you're doing more gambling than investing, the chances are you're lopsided on the risk side. It's a subjective call, but if your portfolio is too exposed to risk, you could be in danger of taking some hard hits. When it comes to risk, always weigh the consequences and keep that part of your portfolio in sensible proportion.

In the long run, isn't diversification overrated?

Short term or long term - stock market sectors go through highs and lows based on any number of variables. The idea is to hold securities that allow you to offset the inevitable downturns in one area (or company) with the upturns of another. Regular rebalancing of your portfolio is essential maintenance. You don't want to get caught with all your eggs in one basket because diversification cannot ensure a profit or protect against loss in a declining market....


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