KANSAS CITY, Mo., Sept. 19, 2019 /PRNewswire-PRWeb/ -- Jonathan Sarver, CPWA® of Sarver Vrooman Wealth Advisors in Kansas City, MO has released a new "special edition" hardcover version of his 2016 original educational book, 6 Essential Practices for Income Investors. The book covers the basic landscape of income investments including stocks, bonds, and annuities. In addition, Sarver's book provides context for income focused investment strategies with discussions about risk, investment structure, and case studies.
Retirement Investors Often Focus on Income.
Jonathan regards his book as a "bridge to a retirement mindset." Often clients will focus on growing their nest eggs while they are still working and benefiting from company match programs and "dollar cost averaging," where stock market drawdowns ultimately have the potential to create purchases at lower prices. However, when clients retire, they typically are looking to diversify and focus on income, whether their retirement savings are in the form of a 401(k) plan, a multi-million dollar private ESOP, a concentrated stock position in a public traded company, or the proceeds from the sale of a closely-held business. Many conservative retirement investors adhere to the philosophy of "Let's live off of the income and not touch the principal." Whether the market is up, down, or sideways, by only taking the cash flow from the portfolio investors will not draw down their principal by taking distributions during challenging market environments.
Sarver's book as an educational handbook for primarily accredited engineers, executives, and entrepreneurs.
Sarver has found his book to be a great educational tool to educate clients, seminar attendees, and groups of primarily accredited engineers, executives, and entrepreneurs that comprise his clientele. Jonathan works closely with his business partner, Peter Vrooman, CFA®, CIMA®, CRPC® to provide holistic wealth management for their clients, working with internal and external partners including attorneys, accountants, lending officers, and insurance experts. The thought leadership and white papers the two wealth advisors provide have been a helpful resource in the Kansas City metro. Often the educational materials they create are used as an invaluable tool to educate the next generation. Many clients have requested a few gift wrapped copies of Jonathan's book for the holidays to give to their children and grandchildren. Companies can now request to have both Jonathan Sarver and Peter Vrooman come to speak at their office to provide an in-depth education on topics including "income investing," "investment risk, risk measurement, and risk management," and "behavioral finance."
Convertible Bonds: "The best of both worlds."
When asked about his favorite income strategy, Sarver speaks passionately about convertible bonds: "Convertibles are the best of both worlds. They are like owning a bond with a built-in call option attached to it! The hybrid security has significant upside because it can be converted into the common stock, yet serves retirement and income investors well with greater stability than common stocks for three reasons: (1) convertibles pay a guaranteed coupon payment, (2) these hybrid securities have a finite maturity date and (3) they have a "bond floor" or a price where if the convertible drops in value and the current yield matches the issuer's corresponding straight bond, or regular bond, the convertible will now trade in tandem with the bond."
An Entertaining Read.
Sarver's biggest fear, when writing his book, was that it would be boring. He feared his book might be used as a sleep aid, in place of Ambien, or even worse – a paperweight! He countered this fear with humor, clever quotes, and cartoons. While Jonathan is not permitted to sell his book due to compliance restrictions, he is happy to share it with clients, seminar attendees, and accredited investors. A copy can be obtained by calling Sarver Vrooman Wealth Advisors at 816-601-1150 and asking for Jessica Estes, the Operations Manager, or emailing her at [email protected].
Investments in fixed- income securities are subject to market, interest rate, credit and other risks. Bond prices fluctuate inversely to changes in interest rates. Therefore, a general rise in interest rates can result in the decline in the bond's price. Credit risk is the risk that an issuer will default on payments of interest and/or principal. This risk is heightened in lower rated bonds. If sold prior to maturity, fixed income securities are subject to market risk. All fixed income investments may be worth less than their original cost upon redemption or maturity. Equity securities are subject to market risk which means their value may fluctuate in response to general economic and market conditions, the prospects of individual companies, and industry sectors. Investments in equity securities are generally more volatile than other types of securities. There is no guarantee that dividend-paying stocks will return more than the overall stock market. Dividends are not guaranteed and are subject to change or elimination.
Wells Fargo Advisors Financial Network and Sarver Vrooman Wealth Advisors are not legal or tax advisors. You should consult with your attorney, accountant and/or estate planner before taking any action.
Investment products and services are offered through Wells Fargo Advisors Financial Network, LLC (WFAFN), Member SIPC. Sarver Vrooman Wealth Advisors is a separate entity from WFAFN. CAR 0919-05502
SOURCE Sarver Vrooman Wealth Advisors
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