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Gage DeYoung

CFP®
Personal Finance, Retirement, Investing
92%
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31
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10
Articles
44
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“Gage is the Founder of Prudent Wealthcare LLC. Prudent Wealthcare provides Low-Cost Investment Portfolio Solutions with a Dynamic Financial Plan. Gage is focused on empowering his clients and collaborates with them much like a personal trainer.”
Firm:

Prudent Wealthcare LLC

Job Title:

Founder

Biography:

Gage DeYoung, CFP® is the Founder of Prudent Wealthcare LLC which utilizes a passive portfolio structure for low-cost and an asset allocation investment strategy to balance portfolio risk and return.

Gage has over 20 years of professional experience and collaborated with hundreds of affluent families in the South Denver area from 2001-2014. He has been quoted in U.S. News & World Report, The Fiscal Times, Investopedia, and Bankrate. 

In his spare time, Gage enjoys helping his local community through Rotary club, playing golf, skiing and spending time with his twin sons participating in their local Boy Scout Troop.

Education:

BBA, University of North Texas

CRD Number:

2557387

Disclaimer:

CONTENT 

All content on this site written by Gage DeYoung is for information purposes only. Opinions expressed herein are solely those of Gage DeYoung unless otherwise specifically cited. Material presented is believed to be from reliable sources and no representations are made as to another parties’ informational accuracy or completeness.  All information or ideas provided should be discussed in detail with an advisor, accountant and/or legal counsel prior to implementation.   

This website may provide links to other websites or website pages for the convenience of users.  Gage DeYoung has no control over the accuracy or content of other websites or pages.  

REGISTRATION INFORMATION 

Advisory services are offered through Prudent Wealthcare LLC; an investment advisor firm domiciled in the State of Colorado. The presence of this website on the Internet shall not be directly or indirectly interpreted as a solicitation of investment advisory services to persons of another jurisdiction unless otherwise permitted by statute. 

Follow-up or individualized responses to consumers in a particular state by our firm in the rendering of personalized investment advice for compensation shall not be made without our first complying with jurisdiction requirements or pursuant an applicable state exemption.

For information concerning the status or disciplinary history of a broker-dealer, investment advisor, or their representatives, a consumer should contact their state securities administrator.  

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  • Why Prudent Wealthcare?
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June 2017
    Investing, Lifestage Based Planning, Stocks
February 2017
    Asset Allocation, Investing
February 2017
    Bonds / Fixed Income, Stocks
February 2017
    Life Insurance, Personal Finance, Retirement Savings
January 2017
    Asset Allocation, Personal Finance, ETFs, Investing, Mutual Funds

All Answers
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    Investing, 401(k), Choosing an Advisor
As a beginner investor, should my next step be to hire a professional to help me?
100% of people found this answer helpful

Congratulations on your interest in investing and your financial future. You are most likely ahead of 90% of others your age just by having the interest and starting a plan toward financial independence. It is probably best not to fall into young investor traps. Too many savers confuse speculation (stock trading) with investing (having a properly allocated investment portfolio). Based on the information you have provided alone, you probably do not need to hire a financial advisor at this point. Most financial advisors offer a complimentary first meeting to determine mutual benefit. You may wish to take advantage of the free meeting to more thoroughly explore your situation. Investing should be simple and boring. Warren Buffet said it best "Investors should remember that excitement and expenses are their enemies."

As a priority, I usually recommend first having an emergency fund in a savings account representing 3-6 months of essential expenses. Assuming you have an emergency fund in place, and wish to save for the long-term, you might consider investing in a target date retirement fund. Target date retirement funds simplify investing and provide professional oversight regarding an appropriate portfolio mix. They typically get more conservative automatically as they approach the target date. The target date you select should correspond to the year you plan to retire. For example, someone retiring in 20 years might utilize a target date retirement fund targeting 2035. Hopefully your 401(k) provides low-cost investment choices and offers target date funds.

That being said, there is nothing wrong with selecting the stock of a particular company but do your research and pick one you plan to hold for a very long time rather than trading in and out of stocks which is usually a recipe for losing money.

4 weeks ago
    Debt, Financial Planning, Retirement, Estate Planning, Women & Money
How should I use and invest $400,000 in a better way to secure my retirement?
80% of people found this answer helpful
2 weeks ago
    Career / Compensation, Debt, Financial Planning, Retirement, IRAs
How should I invest $900,000 if I am 55 years old and want to use the money for retirement in ten years?
79% of people found this answer helpful
3 weeks ago
    Investing, Annuities
Is it possible to reach my goal of saving $1,000,000 by investing $1,200 each year?
73% of people found this answer helpful
June 2016
    Pensions
How do my siblings and I receive inherited pension benefit payments from our deceased parent?
68% of people found this answer helpful
July 2016