Cape May Wealth’s Post

The Aspirational Investor Framework (Part 1) This week's Cape May Wealth Weekly newsletter was just sent to your inbox. As mentioned last week, I am re-sharing a few of my favorite pieces of writing of 2023 - all with the goal of helping you become a better investor. This week, we cover my favorite investing framework, The Aspirational Investor. But before we dive into that, let's actually focus on a different matter: The shortcomings of asset allocation models / frameworks used by banks and wealth managers. To be clear: private banks and wealth managers mean well, and they can really help you think about how to invest (I had more than one "eureka!" moment working with them). But from my experience, their frameworks bring three issues: 👨🎓 They are too theoretical - they don't take into account the realities of investing, i.e. on how to switch from 100% cash to your target allocation 🗻 They are too static - they don't consider how risk and return assumptions change with market movements 🙅♂️ They are too inflexible - they set out to define a target allocation for the client to use forever, without taking into account the "learning phase" of someone who is just starting to invest I yet have to find a wealth manager that offers a working solution. So when I launched Cape May Wealth - and eventually, I found one that fits with my own investing philosophy. That's where the Aspirational Investor Framework comes in. What is the framework? How does it work, and why do I like it better than other frameworks? All of that in the second edition of the Cape May Wealth Weekly newsletter - link to the article, and a link to subscribe to get the next edition right into your inbox right here: https://lnkd.in/e4P9v-Si #wealthmanagement #familyoffice #privatewealth #personalfinance