Skip to main content

There are a number of tweaks you can make to your portfolio that will “turbocharge” your investments and your returns. Are you implementing these strategies in your portfolio?

[spp-player url=”″]

1:49 Make sure every asset is working together

  • If you don’t have a portfolio but simply a handful of investments you might need more of a strategy.
  • You might have multiple mutual funds and think you’re diversified, but there could be a lot of crossover between those funds and you could be diversified in the same stocks over and over.
  • Placing the right investments in the right accounts allows you to better optimize for taxes.
  • Ryan shares an example of a client who came into the office without tax efficient accounts.

5:03 See the fees

  • Hidden fees are often within the portfolio in a way that you don’t know you’re paying them.
  • Some big firms sell products with a lot of fees and the advisors are more like a sales force.
  • The biggest problem is that your statement doesn’t articulate the costs that you are paying.

6:16 Optimize your portfolio with tax-efficient income

  • Bob shares a story of a client who had annuities with additional taxes.
  • By placing the right investment in your portfolio you can have investments that generate tax-advantaged income.

11:11 Mailbag: Enough money for retirement

  • Christine thinks she has enough money for retirement but is scared every time she makes a withdrawal and feels like she might run out of money.
  • Bob sees this all the time–it’s one of the biggest fears in retirement.
  • The older we get, the more insecure we get about our future.
  • Peace of mind is worth so much.

13:24 Purchasing an annuity

  • Mary is considering the purchase of an annuity to help with retirement income needs. This purchase would represent about half of her assets, is that too much?
  • You typically have to give up your principal for the annuity.
  • That would be a red flag to have that much of your net worth illiquid.
  • A positive: When you generate income from an annuity, it is very tax inefficient.

16:24 Client spotlight

  • Certified Financial Planner Michelle helped someone who is already retired but was frustrated with a past advisor.
  • What immediately jumped out to Michelle was the fees since the advisor was charging well above the average but not giving good service.
  • Michelle shares how their tax situation was a way she found an area to add value to the client’s portfolio.

“It’s not the return that you make, it’s what you keep – which is a really critical component to building the right portfolio.”

– No Payne No Gain Podcast

Let’s talk

Contact us for a consultation with our financial advisors to start a personalized plan

Get Started

Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Payne Capital Management, LLC), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from Payne Capital Management, LLC. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Payne Capital Management, LLC is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of the Payne Capital Management, LLC’s current written disclosure statement discussing our advisory services and fees is available for review upon request.

Sign Up to Never Miss an Episode!

Get Payne Points of Wealth directly to your inbox each week.