Aura Wealth Advises Crisis in Greece Provides Cautionary Tale to Investors
Jefferson City, Missouri (PRWEB) July 31, 2015 -- While the Greek financial crisis may have little bearing on individual investors in the United States (illustrated in the fact that the total worth of all Greek companies is a fraction of Apple’s worth, for instance), there are lessons that can be learned from witnessing a country’s financial failure.
Whether an investor is a country, a business or an individual, there are certain rules that always apply for financial health. Borrowing funds to make an investment, for instance, is a risky choice. Failing to diversify investments in a variety of markets and types of investments is also a decision that will invite risk.
An aversion to paying taxes is common, too, whether the entity is an individual, business or country. While it is always advisable to employ strategies to optimize the tax burden on any entity, it is also important to pay the taxes once the amount has been determined and the deadline is near.
Depending on an individual’s investment portfolio, the crisis in Greece may feel far away or alarmingly close to home. However, when it comes to sound financial management, there are practices that protect the investments and others that expose them to unnecessary risk in order to achieve short-term gains.
“The situation in Greece may have little effect on any of us in the United States, but the lessons learned apply to any individual or company that wants to protect its investments. We work with situations every day in which a person is managing their own mini version of Greece, and we work with them to insulate their assets from risk and grow their wealth with proven strategies,” says Bert Doerhoff.
About Bert Doerhoff:
Bert Doerhoff CPA, the founder of Aura Wealth Advisors, is a fee based investment advisor who works with families and small business owners to help them protect and grow wealth for life. He designs comprehensive tailored investment solutions with strategic defensive investment approaches that retain growth potential. Guided by the fiduciary standards he works with clients to build a legacy and deliver ever increasing cash flow in retirement that will protect their lifestyle from the effects of inflation.
Bert Doerhoff CPA, Aura Wealth Advisors, http://www.AccuBiz.net, +1 (573) 634-4006, [email protected]
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