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Does it make sense to diversify? Interview with Michael Edesess -Season 1: Episode 7

Is asset allocation as a strategy a good idea, or is it an exercise in futility? What about annuities?

Christopher Panagiotu, CFP®, CRPS®, continues his interview with Michael Edesess, Chief Investment Strategist with Compendium Finance. This section gets even deeper into the topic of diversification, as well as Warren Buffett’s style of investing, and Michael’s opinions on both asset allocation and whether annuities could be a good idea to include in someone’s portfolio.


Important Information:

You should always seek counsel of the appropriate advisor prior to making any investment decision. All investments are subject to risk including the loss of principal. This material was gathered from sources believed to be reliable, however, its accuracy cannot be guaranteed.

Different types of investments and/or investment strategies involve varying levels of risk, and there can be no assurance that any specific investment or investment strategy (including the investments purchased and/or investment strategies devised by Lucia Capital Group (“LCG”)) will be either suitable or profitable for a client's or prospective client's portfolio, thus, investments may result in a loss of principal. Accordingly, no client or prospective client should assume that the presentation (or any component thereof) serves as the receipt of, or a substitute for, personalized advice from LCG or from any other investment professional.

Annuities are long-term investment products designed for retirement purposes. Guarantees are based on the claims-paying ability of the issuer subject to their terms and conditions. Early withdrawals may be subject to surrender penalties and, if taken prior to age 59½, may be subject to an additional 10% federal tax. Annuities are not FDIC insured. Certain terms and conditions apply, so please read insurance company materials carefully.

Insurance services offered through LPL Financial or its licensed affiliates. CA Insurance Lic. #0518721

Diversification strategies do not ensure a profit and cannot protect against losses in a declining market.

Christopher Panagiotu is a registered representative with, and securities and advisory services offered through LPL Financial, a registered investment advisor and member FINRA/SIPC. The investment professionals are affiliated with LPL Financial and are conducting business using the name Lucia Capital Group, a separate entity from LPL Financial. Michael Edesess is not affiliated with Lucia Capital Group or LPL Financial.

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