Investing Advice Sedona AZ

Check out our beginner's guide to setting investment goals and organizing your portfolio.

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:
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

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

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

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:
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

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

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

Data Provided by:

Investing Advice

Provided by:

If you want your financial story to be a good one, learn from the craft of the storyteller: don't start writing until you've figured out the whole plot.

There are three aspects of financial "plotting" that you need to focus on:

  • Your goals
  • How you divide up your investments to pursue those goals
  • The role of diversification in pursuing those goals.
  • Money has been called the universal solvent, because it seems to solve all problems. Hmmm... not quite.

    It is true that goals, especially big, life-defining ones, depend on having enough of it at the right time. Money can't buy you love, as The Beatles pointed out, but it can buy you opportunity. So ask yourself what you hope to achieve in the next five, 10, 20, 40 years. Start an emergency fund? Get better disability or life insurance? Go back to school? Put a down payment on a new house? Change careers? Get married? Send your kid to college? Travel to Africa? Retire early? All of the above? Just how expensive do you plan to be?

    What Do You Have?

    And now compare the future dream with the current reality. First, you need to get a handle on what you've already got. Estimate both your net worth and your net income/expenses. Your net worth, what accountants call a balance sheet, compares your assets (what you own) with your liabilities (what you owe). It's a snapshot of your financial condition at a specific time. Your net income/expenses helps you see your monthly disposable income - the income you have left over after paying all necessary expenses. And that tells you how much you can afford to contribute to your financial goals each month....


    Click here to read the rest of the article at YoungMoney.com.