Our investment advice and decision making is guided by our core investment philosophy and beliefs. This ensures at all times, as stewards of capital, we stay focused on the bigger picture.
Providing advice and facilitating investment go hand in hand. While advice is the most valuable role we play in the lives of our clients’, a major part of what we do ultimately involves the investment of money.
We strongly believe long term investment in a diversified portfolio of predominantly dividend paying businesses plays a crucial role in underpinning overall portfolio return. Income is what matters. Over time, as company profits grow, dividend payments increase, providing investors access to a growing income stream. Concentrating investment in quality companies or trusts that focus on strong cash generation and low financial risk we believe reduces the probability of drawing down capital over time and hence maintain the integrity of the asset base.
The ability to stay the course and see proper strategies through has become more difficult in a world increasingly focused on short term results. Our philosophy, and approach, looks past this. By doing so, allocated capital can stay invested for longer, cycle through market volatility and importantly, continue to access the boring, predictable and increasing income streams share markets provide. A side benefit is shares in these businesses increase in value (share price) because the company is more profitable.
We believe the consistent and disciplined application of this asset management approach enhances the opportunity to achieve superior returns in the longer term to ultimately develop a portfolio less reliant on capital growth to fund our clients’ future income needs.
SHARE MARKETS WORK
They provide an emotionless exchange where companies can raise capital and investors can buy and sell existing businesses. The share market is a very important component to our investment advice strategy.
PRODUCTIVE ENTERPRISE IS KING
Companies reward investors with their share of the sales and profits of its underlying productive enterprise. Continual progress made through innovation and technology, as well as the productivity, ambition and determination of other humans, is what underpins share markets. Share markets ultimately reflect the endeavors of the human race.
COMPANY EARNINGS GROW FASTER THAN INFLATION
Over the long term, by increasing prices, reducing costs and creating new products or services, profitable companies usually manage to increase their earnings faster than inflation. And from these growing earnings, many pay increasing dividends to shareholders.
DISCIPLINE IS KEY
Period. Ignoring the noise, not overacting to inevitable short-term market movements and importantly, not being placed in a position where you have to exit, is crucial to investment success. Staying true to your investment advice strategy through thick and thin helps avoid the mistakes many unsuccessful investors suffer when letting their emotions take control.
Investment switches and rebalances should not be predicated on when you’re able to see us or how long it takes to return paperwork. Markets are dynamic and can change quickly. Ensuring we have the correct structures and systems in place to efficiently implement change promotes succinct alignment of client portfolios to our current views and investment advice.
Dear Peter, We would like to express our thanks to you for the work you do in managing our finances. The service you offer is personable, friendly, and paper-free (good for the environment!). Investments are not our area of expertise; we don't have a clue about where best to invest our money to support our retirement. We appreciate the choices you make on our behalf and trust that you have our best interests at heart. We are confident that with your knowledge and sound advice we will be able to sustain the lifestyle we would like well into our old age.
I wanted to express my sincere appreciation for the Team at Forest Private Wealth. Rosemarie and I have been with Mike, Peter, Tammy, Daana and Arron since they acquired Taylor Financial Planning some years ago now. We find them completely open and honest in every aspect of looking after our investments, Superannuation, transition to retirement (which went very smoothly) and in handling our pension entitlements...No problem was too much for them; even when working from home during the recent lock-downs. The whole team is always up to date with our financial situation and always manage to keep on top of any necessary changes that need to be made.. Thank You guys.
The team at Forrest Private Wealth are excellent to deal with and have a wealth of knowledge in financial services. I've dealt with Michael & Pete and they have been a pleasure to work with. Would highly recommend Michael to look after any financial needs and was highly skilled and knowledgeable on super, investments and retirement. Thanks Michael and team Forrest.
I recently required a full review of my financial situation to protect my families future financially and was referred by a friend to see them. The level of service I received and their advice was fantastic. The time spent has made me feel better about my plan forward and the follow up from the team was great. Highly recommend.
Forrest Private Wealth Pty Ltd
ABN 12 615 181 881 | Corporate Authorised Representative of Forrest Private Wealth Management Pty Ltd | ABN 18 615 339 485 | AFSL No. 492712
(08) 9382 1866
57 Forrest St, Subiaco WA 6008