Dear Clients and Friends,
Welcome to the inaugural Quarterly Letter for Bootstrap Capital! I’d like to start by thanking those loyal friends and clients that have chosen to join me as I launch this enterprise. As most of you know, I became an advisor and started Bootstrap Capital because I am committed to helping people grow their wealth over time. I am honored by your trust and support; and I am excited that you have chosen to join me.
The financial services industry has a vested interest in making financial planning seem incredibly complicated. Don’t get me wrong – it can quickly become complicated. But I firmly believe that Financial Planning can and should start with very simple, basic concepts that are easy to understand. Hopefully by creating a simple foundation, we will limit complexity as much as possible. At the end of the day, the best plan is one that a client can understand and feel comfortable with.
It’s Been a Crazy Year
(Or: Why Did You Become a Financial Advisor in the Middle of a Recession?)
Most people I’ve encountered, including everyone reading this letter, have been wildly supportive of Bootstrap Capital. However, there have been a few skeptical souls over the course of the last year who have, shall we say, challenged my basic assumptions in timing and career choice. I think that the market turmoil of the last year has shown the value and need of independent financial advice.
Actually the market turmoil of the last year can help illustrate the advantages of a disciplined and structured investment program. Let’s consider a couple of simple examples (In general, I’ll try to limit the math and numbers in my quarterly letters. But this in finance after all, we’ve got to use some numbers.):
I look forward to communicating with you on a regular basis. This letter is just one method. In fact, one of the biggest benefits of having an Independent Advisor is that you can call me any time.
As I mentioned earlier, I have some of the best clients around! I’d like to remind you that Bootstrap Capital is a referral based business. If you know anyone in need of Financial Planning or Investment Management services, please feel free to forward this letter or our contact information. We will treat your friends with the same care and diligence that we treat you.
Note: The contents of this site are general in nature and not intended as specific investment advice. All investments are subject to risk; including loss of investment value. If you have any question regarding investments or concepts in these pages, please consult with an investment professional.