In these tumultuous times, we reached out to Mark Sherwin the President and CEO of Sage Capital Advisors, Inc to get his input on what is going on in the markets.  Mark specializes in working with Business Owners and Entrepreneurs integrating Advanced Tax Reduction Strategies with Advanced Uncorrelated Absolute Return Investment Strategies that are not dependent on the stock market.  He helps to Preserve, Protect and Pass on your hard-earned wealth.

Mark also teaches continuing education on these advanced strategies to CPAs and attorneys practicing in Florida.

He explained that the only certainty is that periods of overperformance in the market will likely be followed by periods of underperformance and we never know what possible triggering events may cause a downturn or crash.  This time it was an unknown virus that is crippling whole industries affecting our economy and our daily activities.  He saw this as an investor in 1987, the recession of 1994 as a financial professional, The Russian Flu and The Asian Contagion in 1998, the Tech Bust in 2001,2002, 2003 and the Credit Crisis in 2008.

He says the danger can be making decisions based on emotion, fear and greed.

People often ask – ”Well Mark, what do you think about the market?” or “What about taxes?” and what they are really asking is “How do I really get control of my business, my money and my future?”  Because ultimately the thought is “I really don’t want to be in a place where my money controls me.  I want to be in a place where I’m in control of my money.

In Mark’s latest book “Retire Abundantly” he describes 12 Obstacles to preserving, protecting and passing on wealth and he emphasizes that mitigating investment losses and mitigating future taxation are keys to not losing money.

Using an Acostic TRICK he describes the obstacles:

Taxes – People may be paying Taxes they have no idea that they don’t need to pay.

Risk – People may be taking unnecessary Risk with their money and not getting paid for the Risk they take.

He looks at risk three ways.

1) How much Risk must you to take to enjoy the kind of lifestyle you want?

2) How much Risk are you comfortable taking?

3) Are you being paid for the Risk that that you take?

Investment Mix – We drive our cars in-town and we drive on the highway. Where do you get better fuel economy? On the highway of course. So, the question is whether you have highway mileage in your Investment Mix or whether you are getting stop, start in-town mileage. There’s a big difference, right?

Cost – What are the opportunity Costs?  What are the future Costs of the unexpected such as Litigation and Healthcare?

K is Knowledge Gaps – These are the things I don’t know that I don’t know.

During these tumultuous times people are asking “What should I do next?”.

To have the ability to have a conversation with him would be “the next thing.”  To have a confidential, no pressure conversation to talk about your stuff and decide what’s next.

His “Lifestyle and Legacy Protection Process” starts with a confidential “15 Minute Opportunity Conversation” with the real goal of helping you uncover at least two opportunities to reduce risk and reduce your taxes.

You then decide what to do next, if anything.

Mark says he enjoys having these conversations and can be reached at 813 490 9126 or email at [email protected]

You may also set up or join us for future virtual Zoom Webinars by going to the “Events” page at www.sagecapitalconcepts.com