Investment Philosophy There is no such thing as a non-risk portfolio. Only when different types of investments are balanced against one another is risk reduced.In most cases, equities should be a part of everyone’s portfolio; the percentage based on one’s age and risk tolerance. I believe proper asset allocation is imperative to good consistent performance, accompanied with above average investment management, semi-annual reviews, and account rebalancing. Business cycles are also an integral part of our economy and should be looked at in a long-term perspective. I believe investors do not intentionally sabotage their financial goals; however, they let their emotions slow down their progress. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification and asset allocation do not protect against market risk. Rebalancing a portfolio may cause investors to incur tax liabilities and/or transaction costs and does not assure a profit or protect against a loss.