April 9, 2021

Best method for dealing with change

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The way back is closed, only
the path forward remains open

There are different types of change

It’s a trite phrase to say, “change is the natural order of things.” It sounds too much like an excuse. Worse yet, it serves to mask the different types of change – and how the best approach for dealing with one type of change is the worst for another. Different types of change are distinguished by two attributes:

  • Speed or pace
  • Smoothness or direction

Conclusions and next steps

If interest rates rise for the next 40 years, bonds will have embarked upon a path remarkably different from the one just completed. Managing such directional change by continuing to do what worked so well in the past may be the worst possible approach. Solutions exist, but they require starting with the proverbial tableau blanc, looking into the future for answers as to what will harmonize best with a different set of opportunities, risks, and rules of the game.

What is that menu of possible investment solutions? The solution that is most appropriate for your needs and circumstances can only grow out of a meaningful discussion.

BROUGHT TO YOU BY:

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Donna M. Feder, CPA
Partner/ Woodland Hills
DK Wealth Management LLC
21600 Oxnard Street, Suite 2000
Woodland Hills, CA 91367

Tel 818-385-0585
donna@dkllpcpa.com

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Thane F. Kelton, CPA
Partner/San Diego
DK Wealth Management LLC
4225 Executive Square, Suite 900
La Jolla, CA 92037-1485

Tel 858-642-5050
thane@dkllpcpa.com

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Kristopher Lindley, CFP®
Financial Consultant
DK Wealth Management LLC
12555 High Bluff Drive, Suite 210
San Diego, CA 92130

Tel 619-550-4619
Kristopher.Lindley@LPL.com

DK Wealth Management LLC | La Jolla | University Heights | Woodland Hills | Beverly Hills

Investment advice offered through Integrated Financial Partners, doing business as DK Wealth Management LLC, a registered investment advisor. DK Wealth Management LLC and its individual partners are solicitors to Integrated, compensated for solicitor services. DK Wealth Management LLC and its individual partners do not provide investment advice. DK Wealth Management LLC and its individual partners are not affiliated with Integrated Financial Partners. Click on the links for a copy of the firm’s ADV and solicitor disclosure statement.

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