Practical Planning LLC

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Notice the gray hair. It is evidence of many years experience in investing in both good markets and bad markets. It belongs to George Syata, Certified Financial Planner at Practical Planning, L.L.C. of Overland Park, KS located in the greater Kansas City metropolitan area. Mr. Syata is a financial consultant specializing in financial planning, investments and retirement planning.
The key to successful investing in all types of markets is to minimize the losses while letting the gains run. Remember that it takes a 100% Gain to recover from a 50% loss! If you had $100 and lost 50% of it, you would have $50. Just to get back to where you started, you need to double your money, a 100% gain.
At Practical Planning, L.L.C. we try to construct portfolios that perform well in all types of investing climates. We start with determining an Asset Allocation based on your age, goals and risk tolerance. This simply means determining what percentage of stocks, bonds and cash should be present in the portfolio.

Next we diversify each of those asset types. For stocks, we diversify between growth and value, large and small, domestic and foreign. For bonds, we diversify between high quality and lower quality, long term and short term, government and corporate. We might even include some real estate investments. The idea is to construct a portfolio where the investments are not moving in tandem so that some part of your portfolio is always generating a positive return.