Salo Aizenberg

Personal Finance, Retirement, Investing
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“Downtown Investment Advisory is a specialty investment firm focused on fixed income solutions.”
Firm:

Downtown Investment Advisory

Job Title:

Owner

Biography:

Downtown Investment Advisory (DIA) is a Registered Investment Advisory firm that provides investment management services focused on fixed income. DIA specializes in creating custom portfolios of individual bonds, from high yield to municipal, and alternative fixed income investments to achieve a desired yield target. DIA also invests in stocks through low-cost Index ETFs. DIA's investment expertise was developed over 20 years of institutional fixed income investing, and navigating through the crashes of 2001-2002 and 2008-2009. As an independent firm we do not have incentives to place clients in certain assets and we do not earn sales commissions. DIA has fiduciary obligations to all of its clients that many investment professionals, such as advisors at the large brokerage firms, are not required to provide.

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    Investing, Asset Allocation, Bonds / Fixed Income
Is there a place for junk bonds in my portfolio?
40% of people found this answer helpful

The answer is absolutely. Junk bonds are really a misnomer, better known as high yield bonds. For some reason high yield bond are seen as highly risky, but the fact is that over the past 20 years high yield bonds have outperformed stocks with 1/3 less risk than stocks. If you look at the performance of high yield in the last two market crashes, high yield has vastly outperformed stocks. And if you are an income investor, these bonds provide a steady yield in the 6% range on average today. Sure, high yield bonds are riskier than investment grade and government bonds, but the yields are these are in the 2%-3%. The best way to invest in high yield bonds is by holding a diversified portfolio of individual bonds and plan to hold to maturity. If you can do this, then you can ignore market volatility, simply wait for the maturity date to get repaid and collect interest along the way. My investment advisory practice specialized in fixed income, specifically creating laddered portfolios of high yield and other bonds. If interested check out www.downtownllc.com.

Salo Aizenberg

Downtown Investment Advisory

July 2017
    Investing, Asset Allocation, Life Insurance
Is investing in a new IUL the better option to grow my net worth?
13% of people found this answer helpful
April 2017
    Financial Planning, Retirement Plans, Lifestage Based Planning
Are we sufficiently funded for retirement?
0% of people found this answer helpful
April 2017