Harbor Group International’s Post

Over this spring term, I completed an internship with Pinnacle Associates where I learned some of the techniques for determining asset allocation. Whereby, it is important to ask the client questions regarding their time horizon, upcoming expenditures, and risk tolerance. Based on their answer we can decide how to better allocate the assets and when we pick equities, we model them after the 11 sectors of the S and P 500. When selecting stocks we utilized two strategies: active management and passive indexing. With active management we have to make an effort to avoid idiosyncratic risk.    In addition to using passive indexing and asset management, we look to further diversify our stock portfolio by examining large cap stocks representing companies with a market capitalization more than $10  billion. Another way to diversify a portfolio, is by looking at value and growth styles of investing. We can also diversity in the holdings we have within the US and outside the US.   The third technique I learned to diversify a portfolio is by buying bonds and there are two risks that come with them. The first is credit risk  and to avoid this try to pick bonds with a BBB (investment grade) rating or higher. The second risk is interest rate risk which means since bonds trade like stocks every day, they are susceptible to interest rate fluctuation. To avoid interest rate risk, simply hold the bond to maturity. When selecting bonds it is important to look at its coupon or interest rate. The relationship between interest rate and bond pricing is inverse.  Within bonds there are three types; corporate, government, and municipal. The way we diversify bonds is by the ladder amount, meaning bonds have different maturity dates.   Lastly, I learned a general overview on how to pick stocks. Using indicators such as price to earnings, credit rating, net leverage, dividends, shareholder yield, free cash field, and revenue. I would like to thank Pinnacle Associates, Ltd. Associates and Timothy Piacentini, CFA for all of their help and guidance over these past several weeks. This experience helped to expand my knowledge of finance and the asset allocation of portfolios and I look forward to taking this knowledge to my summer internship at Ridgetop Research in NYC. 

ANNOUNCING PROSPECT ROCK ACADEMY!!! This course guides students through the competitive process of securing an investment banking summer internship. It covers all stages from industry introduction to offer acceptance. https://lnkd.in/gw4Whv3T

How do you get into High Finance with such fierce competition?   #HighFinance #Networking #JPmorgan #Blackstone 🤔 Thinking about breaking into the world of high finance? Here's a reality check for you: - JP Morgan received almost half a million applicants for their internship program 😱 - Blackstone only accepted 170 out of 60,000 applicants 📉 So, what does it take to get into high finance? It's a tough nut to crack, but here are a few tips to increase your... Source: https://lnkd.in/gbE-mJX6 #mymetric360

FRANCOISE BETTENCOURT MEYERS L'OREAL HEIRESS c/o: ODEON RESTAURANT & CAFE. TRIBECA NY WHAT'S ON THE TABLE UPSTAIRS.? I HOPE A NY HAMPTON BEACH HOUSE.! LATE JOSE' CHEF & LOUIE BILL & MELINDA GATES FOUNDATION GATESFOUNDATION.org TENRI CULTURAL INSTITUTE tenri.org https://lnkd.in/e55sRd8b https://lnkd.in/eB98Jnv9 WonderMind.com: CRYPTO-FINANCE & REYGITONIUM-G MR. MS. TEEFEY & SELENA GOMEZ-RARE-SUPERSTAR. TCI GALLERY SPRING 2024 THEMES. CRYPTOCURRENCY & REYGITONIUM-G TO WHOM IT MAY CONCERN: I ABSOLUTELY SEE NOTHING WRONG WITH CRYPTOCURRENCY: REYGITONIUM-G I CAN UNDERSTAND WHY THE INFANT DEMOCRATIC-CAPITALISTIC MINDS OF TODAY BLAME USA GOVERNMENT. THEN IS ANY GOVERNMENT TO BE BLAMED FOR HOMELESS PROBLEMS PLAGUING THE WORLD.? NO. GOD KNOWS HEADACHES USA GOVERNMENT HAVE WITH THE FOREIGN AFFAIRS. THE NEW WORLD PRACTICALLY SHOCK TO WITNESS. PEOPLE ONLY WORKING TOGETHER FOR A COMMON GOAL. "IN THE PURSUIT OF HAPPINESS." DOESN'T THAT ALSO INCLUDE THE HOMELESS. THE HOMELESS ARE OUT THERE. ARE YOU.? HOMELESS.. OPPORTUNITY MISUNDERSTOOD. The modern economic system is a market economy, which is a capitalist economy where people, not the government--NOT THE GOVERNMENT--own most businesses. In a capitalist economy, prices allocate capital and labor between competing uses, and capital assets can be privately owned and controlled. https://lnkd.in/eB98Jnv9 EXAMPLE, IF YOU NEED TO RAISE MONEY FOR ANY REASON OR MORE SO LETS SAY THE "HOMELESS" PROBLEM WHICH IS BELIEVED TO BE TIME & MONEY CONSUMING BUT IN ONE DIRECTION TOWARD THE HOMELESS. HOWEVER CRYPTOCURRENCY CAN POSSIBLE ALLOWS AN EXPENDITURE OF CURRENCY TO BENEFIT ALL WHO USES THE CRYPTO & REGARDLESS OF HOW IT'S CONSUMED. THEREFORE IF A CRYPTO HOMELESS CURRENCY REYGITONIUM-G EXISTED IT'S MORE HIGHLY LIKELY THAT THE HOMELESS PROBLEM CAN BE VANQUISHED BECAUSE CURRENCY-FINANCES IT'S ALWAYS AVAILABLE TO BE TAPPED INTO FOR HOMELESS RESOLUTIONS. REYGITONIUM-G: EACH COUNTRY GOVERNMENT INITIAL $1-DOLLAR INVESTMENT PORTFOLIO OF 8-BILLION EARTH CITIZENS. THEREAFTER GLOBALLY ANYBODY CAN INVEST IN THE CRYPTOCURRENCY REYGITONIUM-G. OR CONTINUE HIDING THE HOMELESS WHEN A POLITICAL LEADER VISITS AMERICA. CLOSING COMMENT: THE DAMNEDEST CRAZIEST FUNNIEST EMBARRASSING ABOUT THE HOMELESS CHAOS IS ANY EXCUSE AS TO WHY HOMELESS EXIST. HENCEFORTH CONSIDER USA TRILLIONS IN DEBT & 6,120 HOSPITALS SCATTERED AROUND THE USA & MANY COUNTRIES ASKING FOR FOREIGN AID IN THE TRILLIONS & YOU TALKING EXCUSES. MEANWHILE WE WANT TO SETTLE HUMANITY ON OTHER PLANETS. THANK YOU FOR READING.

Get ready to begin your investment banking summer internship. Here are five key areas to focus on as you gear up for the challenge: knowledge, support, insights, wellbeing, and mindset. See how to nail them all in our checklist! #wheredealsaremade #mergersandacquisitions https://dy.si/62Rr

Meet Ashwin Rao part of the winning team in last year’s Investment Competition. As his prize, Ashwin chose a paid internship with Schroders and shares the highlights of his internship, why he chose Schroders and his advice for students signing up to this year’s Investment Competition. https://hubs.ly/Q02xmdtH0 #investmentmanagement #superfunds #fundsmanagement #investing #assetmanagement #futureimpact #diversity #inclusion

"Thrilled to have successfully completed my Summer Internship Program, where I gained invaluable insights in the following Financial areas : Roles and responsibility for this internship 1] Equity research ·      Valuation – types of valuation ·      DCF valuation on growth company ·      Valuation perspectives of new ages startups 2] Economic research ·      US banking crisis (silicon valley bank + various small banks) ·      Bankruptcy of credit suisse ·      Problems faced by chinese banks because of loans to the real estate sector ·      All three compared with the strength with the Indian baking sector 3) Portfolio management ·      Constructing a midcap portfolio using various criteria. Calculating risk adjusted returns of this midcap portfolio with that of the Nifty midcap index Excited to apply these learnings in the next phase of my career!"

Another super hour spent with GAIN UK as a panel volunteer for the GAIN Investment Insight Programme! Did you know that in 2023 GAIN:   Directly reached 10k + students through their events, programmes and on-line content Empowered 506 students who took part in their programmes Generated 2,380 applicants to industry roles through their jobs board Had a 63% conversion rate on their internship programme* (the % of students who were offered an investment role or subsequent internship after their GAIN internship)   *Applications to the GAIN Empower Investment Internship Programme 2025 open on 9th September 2024 to students in their penultimate year and above (final, recent graduates and post graduate students). Young women and non-binary students from any degree background studying at any UK university (or a university outside the UK if they have the right to work in the UK during the summer 2025) on track for a 2:1 are eligible to apply.  For more information see: https://lnkd.in/eJyxA_b4

This week’s intern spotlights begins with Dhritik Manchaiah. Dhritik works as a wealth management intern for Merrill Lynch in their Cincinnati Office. He spoke with us about his role on the Wealth Management team, along with the culture and support interns at Merrill Lynch receive. Dhritik also spoke with us about how students that are looking to do wealth management can prepare themselves for future internships and beyond. #finance #economics #markets #banking #wealthmanagement #merrill

Meet Steven, who joined us recently as part of Woodbridge’s Summer Internship Program (SIP). We can't show you his face because he's camera shy.   Woodbridge Capital's SIP offers a dynamic and immersive experience, providing aspiring professionals with valuable insights into the intricacies of finance, strategic investments, and business operations.   We believe that supporting the youth of today ensures a brighter tomorrow, fostering their potential, empowering them with essential skills, and cultivating a foundation for future leaders and change-makers.   🔘 not all loans are the same 🔘 not all private credit funds are the same 🔘 not all investment managers are the same ⚫ woodbridge // think different #woodbridgecapital #woodbridge #thinkdifferent #privatecredit #transparencymatters #esgmatters