PAX Financial Group
Darryl Lyons is the Co-founder and CEO of PAX Financial Group. Inc. 5000 Fastest Growing Company (2017). He has written about business and finance for the San Antonio Business Journal, San Antonio Express News, and Forbes.com.
Darryl helped establish the David Robinson award for Eurasia Basketball and the redevelopment efforts at Brooks City Base. Mayor Julian Castro named a park after him, the Darryl W Lyons Park. He is a Board Member of the YMCA and The Admirals Basketball Academy. He is a member of the Advisory Council Ramsey Solutions and Advisory Council National Federation of Independent Business Owners.
Darryl is the author of Small Business Big Pressure and the Grand Money Chasm. He developed online retirement course www.pivotyourretirement.com.
Darryl earned his undergraduate degree in Accounting and Finance at St. Mary's University, as well as his Certified Financial Planner, Chartered Financial Consultant, Accredited Investment Advisor.
Darryl grew up in Boerne, Harlingen, and Castroville. All three communities are considered small Texas towns. He spends much of his time with his wife and four children including coaching football and volleyball for the local YMCA.
BBA, St. Mary's University
Assets Under Management:
Investment Advisory Services are offered through PAX Financial Group
It certainly depends on a number of factors, but you many people should consider the following allocation in retirement...
1. Cash to cover operating expenses
2. One Year of Expenses in Cash Reserve
3. Guaranteed Income Sources covering Needs (Annuities, Pensions, and Social Security)
4. Investment Portfolio allocated based risk profile, inclined to lean into stocks, and no more than a 4% withdraw rate.
5. Legacy bucket that is long term and can be more aggressive.
Again, the above strategy is a general approach but one that applies your risk to investments in a methodical way.
They are not "typically" used. The reason they are not frequently used is because the funds are generally betting against the odds. Historically, the market has gone up more than it has gone down. So, when someone is using a bear type fund they must understand that the majority of time, they will be disappointed with the negatives while the market is positive. Also, you must consider that many of the bear funds use derivatives and other complex financial instruments that add to the cost of the funds. These challenges make the use of bear funds difficult to consider.
If you don't have longer than a five year time horizon, you should not invest in anything that could be subject to loss. So, your other choices are CDs or money market accounts. Right now, those are your two best choices for short term money.
Many times a basket is 50 shares. But, don't worry about what others are doing. Just invest in what you can afford. Make sure you are only investing money in individual stocks to the extent that it doesn't exceed 20% of your investable assets. That would be a better rule of thumb to follow than comparing to your peers. Another dangerous peer comparison approach is when to buy and when to sell. Be very careful that you don't follow the herd here either. Develop an independent strategy on what to buy, how much to buy, and when to sell regarldess of your peers. Of course, I don't know all the details of your situation, so I hope my thoughts help guide you.
This is only a "consideration" after all other options are considered...pay down consumer debt, establish a healthy emergency fund, fully fund qualified plans, maximize Roth IRAs, and even comparing to term policies.