We take a balanced approach to investing focusing on investments that have superior growth prospects that are undervalued. Our general investment style is growth at a reasonable price (“GARP”). GARP is a balance between value investing and growth investing. We seek companies with superior growth potential that may be currently under recognized or out of favor. Historically the growth at a reasonable price approach has produced positive returns with less volatility in down markets. Similarly, in the bond market, we analyze the yield curve and compare various bond classes with respect to the macroeconomics to search for undervalued bond opportunities.
Most of our portfolios are balanced: a custom mix of stocks, bonds, other asset classes and cash. We strategically use exchange traded funds and no-load mutual funds where appropriate to fill certain market sectors and provide diversification. These are the building blocks of our portfolios designed to minimize associated costs and to be tax efficient.