It’s imperative that appropriate measures are taken
What is the impact on publicly traded companies when they are closed for business during this pandemic due to health measures and government orders? To begin to understand a company’s strengths and weaknesses, one must analyze its cash burn-rate per day, debt levels, cash in hand, and its max credit line numbers and status.
Unfortunately, no one knows exactly how long this crisis will last and, if the aforementioned fundamentals of a company are unknown, it is quite possible that one may be gambling on the company’s future.
It is imperative to our work at Arkfeld Wealth Strategies that appropriate measures are taken before investing in a company. Call us today at 402-933-1970 and we can help you make strategic decisions with your investments during these difficult times.
These are challenging times, which means you should be more diligent than ever when it comes to your investment plan. Now is a time to seek professional advice. Being passive is not an option – taking action is a must, and here are five must-dos:
Andy Arkfeld, 402-933-1970.
Is your financial advisor telling you that all you can do is ride-out the current market? This can be a viable option but deciding if this “ride-out” strategy is the best option for YOU requires a comprehensive review of your portfolio to know exactly what you are invested in and where you stand. Do you know the answers to the following three questions?
Andy Arkfeld, Managing Partner, Investment Adviser Representative
Andy has been an advisor for over 22 years. He started his own financial services firm, Arkfeld Wealth Strategies, in 2012 to better assist his clients in meeting their financial goals and potentially learning to live debt free. Andy specializes in helping business owners gain a complete picture of their business needs and investment opportunities.