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You Can Make Your “Someday” Possible By Daniel T. Newquist, CFP®, AIF® Daniel T. Newquist, CFP®, AIF® is a Principal Wealth Advisor with RNP Advi- sory Services in Morgan Hill with over 20 years’ experience advising clients on their personal wealth and business planning needs. Investment advisory services offered through RNP Advisory Services Inc.-–a registered investment advisor. Securities offered through Securities America, Inc., member FINRA/SIPC, an unaffiliated entity. The In- vestment Fiduciary standard of care applies to advisory services only. [email protected] or call (408) 779-0699. 76 Achieving fi nancial comfort, planning for a secure retirement, taking care of family, making sure children get an education, building a legacy… F or most of us, these are extremely important. But many people feel unprepared and ill-equipped to deal with all of them in a coordinated knowledgeable way. As an investor, you face many important questions and decisions about your future. As an investment advisor, we believe there are really only three that matter, and we work with clients to solve them every day. Do you have a plan that’s right for you? It’s important that your advisor is committed to understanding what matters most to you personally and financially–as well as working with your other financial professionals-–in order to put together the best possible long-term plan. 1. should be too. It’s important to Your life is unique, so your plan gain clarity on your life goals and challenges. Do this by focusing on what matters most to you. What are your top priorities today? What plans have you made for the future? What values impact your views about the future? What kinds of fi nancial issues keep you up at night? What are the biggest fi nancial mistakes you’ve made or avoided? 2. Do you have confi dence your portfolio will get you there? A portfolio designed with the aim of giving you the highest probability of achieving your goals with a suitable amount of risk can provide peace of mind and confi dence that you are on the right track. GILROY • MORGAN HILL • SAN MARTIN MAY/JUNE 2017 All investing involves some risk. Understanding your goals and your tolerance for risk helps defi ne the appropriate balance of stocks versus bonds, small companies versus large companies, value companies versus growth companies, and domestic exposure versus foreign exposure in your portfolio. do you stay on track? Keeping 3. How your plan on track may be the most challenging-–and the most important– part of being a long-term investor. No one knows what the future will bring, but a good plan should help you stay invested in a variety of market environments. Your portfolio should be fl exible enough to refl ect changes in your life. Monitor your plan with your advisor on a regular basis for updates on your progress and to make any changes necessary to keep pace with where you are in life. Your advisor will provide discipline, perspective and guidance to help you stay focused on the long- term and on track towards achieving your goals. My role as an advisor reflects the ongoing, personal work with clients to help tie their financial goals to life issues. As their partner, I’m often called upon to be a mentor, educa- tor and catalyst to help clarify what needs to be planned for in their future to make their “someday” possible.