Capriotti & Company
Michael is a CERTIFIED ESTATE PLANNER™, Wealth Manager with more than 15 years of industry experience. He is the founder of Capriotti & Company, supported by independent broker-dealer LPL Financial. Michael first started in the business working at Merrill Lynch, then spent 10 years with Allen Associates before founding his own firm as an independent advisor. In providing comprehensive financial planning and investment management strategies, Michael seeks to help clients develop a simplified strategy that aligns with their individual goals and builds wealth.
Michael received his Bachelor of Science in Finance from Rowan University and holds securities registrations through LPL Financial. Outside of the office, he enjoys spending time with his wife, Holly, and their three children. He believes in giving back to his community and supports several charities, including Ronald McDonald House Charities and Make-A-Wish Foundation.
BS, Accounting & Finance, Rowan University
Securities offered through LPL Financial. Member SIPC. Investment advice offered through Private Portfolio Partners, a registered investment advisor. Private Portfolio Partners and Capriotti & Company are separate entities from LPL Financial. Nothing contained in this publication is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional. The LPL Financial registered representatives associated with this page may only discuss and/or transact business with residents of the following states: CO, FL, ME, MS, NJ, PA, SC, TX & WA. Third party posts found on this profile do not reflect the views of LPL Financial and have not been reviewed by LPL Financial as to accuracy or completeness.
The CEP® (CERTIFIED ESTATE PLANNER™) and MCEP® (MASTER CERTIFIED ESTATE PLANNER™) are trademarks registered with the United States Patent and Trademark Office, and solely owned by the National Institute of Certified Estate Planners, Inc. These certification marks are awarded to individuals who successfully complete the NICEP certification requirements and who also comply with annual maintenance requirements
Introduction - Michael Capriotti
Our Approach - Michael Capriotti
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Starting to invest in the market:
Investors use their money to acquire things that offer the potential for profitable returns, either through interest, income, or the appreciation of value.
As you approach managing money, you’ll want to devote your time & limited resources to things with the largest potential returns. Which may mean buying stocks & bonds.
Thanks to modern technology, the investing world offers enormous possibilities to anyone with a few dollars & an internet connection. But, you’ll need to learn the basics to make good investment decisions from the start.
There is a big difference between intelligent Investing & gambling.
Trading a few stocks without knowing what you’re doing is gambling. Purposely using your hard earned money in well researched investments for your goals and letting it ride for the long run is investing.
It you love researching stocks & day trading in search of short-term profits, ok. It certainly can be exciting, but I would not recommend doing it with more than 15% of your money.
To start buying stocks or bonds you’ll need to choose a platform to invest. Below are some options:
- Full-service Brokers/Financial advisors
- Online brokerages
- Direct mutual fund accounts
- Dividend reinvestment programs (DRIPs)
Next, you’ll need to choose your account type – Taxable account, Retirement account -(Traditional/Roth)
Finally, you’ll need to select your investments. My advice is to read as much as you can about investing in multiple assets classes before you begin. This is where it gets overwhelming.
To be a successful investor you need to avoid making terrible, emotionally-charged decisions. Don’t chase returns or try to time the market. Buy quality investments that will be around for a long time and hold them. Now, it’s time for you to get to work!
- Stock investing involves risk including loss of principal. Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise and bonds are subject to availability and change in price. No strategy assures success or protects against loss.
NO – You can contribute to both, but the maximum total contribution is $6,500.
Being able to take money from your IRA for a down payment is one thing—whether it's the right thing for you is another. I'm always a little uncomfortable when people want to pull money out of their retirement accounts early for whatever reason, even if the IRS thinks it's okay. I caution you to think carefully. Raiding your retirement account can have long-term consequences. You're losing the tax-free growth over time, and you're depleting something that you've worked hard to save. Look at the big picture and talk to your financial advisor. Make sure you're doing the right thing not only in terms of present taxes and penalties, but also in terms of your future security.
Try not to pay more than 15% of your gross income on a car.
Depending on the survivor's total annual income, up to 85% of Social Security benefits may be taxable. In general, the amount that is taxable is determined by looking at the total income of the surviving recipient. A tax preparer can provide assistance in determining how much of the Social Security benefits received may be taxable.