One Day In July financial advisors invests your money in low-cost index funds. An index fund is a financial instrument that provides exceptional diversity at low cost. It is traded like a stock, except when you buy a stock you purchase shares in one company. When you buy an index fund, you buy all the companies in the index it tracks, all at once, in one simple transaction.
Our fees are low and clear. We offer clients a service at a low cost, and we believe the quality is excellent. As John Bogle once said, “In investing, you get what you don’t pay for.” We are a low-fee financial advisor; we encourage you to compare our fees with others. We believe fees should be transparent and simple."
Asset allocation is an investment strategy aimed at balancing risk and reward by carefully assessing a client’s goals, risk tolerance, and investment horizon. At One Day In July, decades of work by our Founder have led to investment models that are diversified and prepared for different market environments. Each portion of the portfolio serves a specific function for you.
Your One Day In July financial advisor will rebalance your portfolio on a schedule that makes sense with your asset level and our internal models. Nobel Prize-winning American economist Harry Markowitz called diversification “The only free lunch in finance.” Worth noting.
Our Financial Advisors are fiduciaries. We represent only the interests of our clients, and no one pays us other than our clients. We are independent in our decision making, and we do not cross-sell other financial products.
Source: Barrons, "The Importance of Diversification" 3/16/19.