Our Writings

Monthly Recap October 2009

October. . . At A Glance (2009)

In short, equity markets took a breather in October with U.S. markets down across the board. The equity markets have been on a tear since March, with October being the first month that the broad market closed at a loss since then. Foreign markets faired slightly better in U.S. dollar terms.

The fixed income markets were generally healthy on the month as well. In general, the yield curve steepened slightly.

REBALANCING

We all know that stocks have rebounded significantly off their lows earlier this year. If you haven’t rebalanced your portfolio within the past 3 months, it’s definitely past due! Beacon Hill clients benefited from our slight tactical shift towards more aggressive assets in the summer; however, we are currently rebalancing as well as taking some of that risk off the table.

This is also a great time to review rebalancing from a tax perspective – harvesting the appropriate amount of losses to offset income and any gains. If you’d like to learn about our process for rebalancing, click here.

If you’d like to discuss the benefits of rebalancing with Clint or Mark, click here.

ROTH IRA CONVERSION

The earlier the better in converting your IRA into a Roth next year! The analysis of whether this would be beneficial takes time, and you could benefit by taking actions in 2009 from a tax perspective. For our free report, click here.

To learn how to convert half of your IRA to a Roth, but pay taxes on less than half, please call Clint directly. (We do not publicly share this strategy)

Also, check out Clint’s latest article in the Columbus Dispatch relating to this topic! click here

EVENTS . . . WE’D LOVE TO SEE YOU!

Upper Arlington Library (Sign Up Here)

Wednesday, November 11, 2009
Basics of Asset Allocation
Time: 7:00 p.m.

Worthington Hills Country Club (Sign Up Here)

Thursday, November 12, 2009
Structuring A Retirement Portfolio
Time: 6:30 to 8:00 p.m.

TIP OF THE MONTH

While a 529 plan can make good sense as an avenue to save for college, beware the plan you choose! Of the two that Ohio offers, one consistently gets high marks by independent evaluators while the other has miserable performance and fees. For our free report on the two 529s, click here.

Remember, Ohio only provides the State income tax deduction if you use Ohio plans!

WE ARE PROUD TO ANNOUNCE …
Mark Fissel has attained his RFC designation!

Mark Fissel, founder of Beacon Hill Investment Advisory, has achieved the right to use the RFC designation in financial planning. The RFC process shows the commitment that Mark has made to the financial planning industry and to his clients.

The comprehensive RFC examination covers a wide range of subject matter; Principles of Personal Finance, Debt and Cash Flow Management, Employee and Government Benefits, Annuities, Securities, Investments and Asset Allocation, Life, Health and Casualty Insurance, Education and Special Needs Funding, Estate Planning, Survivor Income Needs Analysis, and Retirement Income.

CAN WE BE OF ASSISTANCE?
Independence.    Diligence.    Transparency.

Our founding principles have helped our business grow. We would love to show you  how these principles can help your portfolio!

Is now now the right time for you?

If you have a friend or loved one going through a job change, divorce, or is concerned about their portfolio, we would love to help. We also help business owners improve the efficiency of their retirement plans.

Our Referral Principals:

We treat introductions with the respect that you would treat your friends and loved ones.

  • All matters are handled professionally and confidentially.
  • We respect their time and will not pursue them if not interested.
  • Our first advisory meeting will be complimentary, with no obligation on their part.
Clint Edgington, CFA
Partner
Beacon Hill Investment Adivsory
Mark Fissel, RFC
Partner
Beacon Hill Investment Adivsory
Posted in: Newsletters

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