“Everyone wants to make a fortune and take no risk,but that’s just not possible.Investing is a process,” explains Sherman Steele of Steele Asset Management. “You don’t buy something today and look fora profit tomorrow.”
Steele practices a long-term approach to investing. As a completely independent money manager, he doesn’t sell products, push insurance or encourage hot stocks. He solely manages money, striving for maximum value while increasing clients’ net worth.
Independent, Objective, Unbiased
Steele’s research comes from independent research firms. He selects the best opportunities and deciphers the right time to buy—not simply investing the day a client hands over money.
From just $107.88 $24.99 for Kiplinger Personal Finance
Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special Issues
Sign up for Kiplinger’s Free Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
“Investing is like a game of chess. You can take as long as you need to contemplate the best move, or you can take a chance and move without thinking. If you’re not thorough, you’re likely to lose,” Steele says. “Choosing funds or stocks is no different.”
Each portfolio under Steele Asset Management is built around a client’s individual goals and personal risk tolerance—and with a big-picture perspective. “Yes,there’s going to be volatility. Yes, there’s going to be risk,” Steele says. “But your annualized long-term returns are going to be better than keeping your money in cash or bonds.”
Finding the Best Performers
When selecting mutual funds, Steele looks for those that are well managed, have a great track record and carry longevity. “There are a lot of great funds out there that aren’t the biggest names,” he says.
With stocks, Steele targets companies with plenty of cash and no debt. Such companies provide security for investors because “they can increase dividends for shareholders, acquire other companies or buy the stock back,” Steele says. “All three scenarios are of value to the investor.”
This content was provided by Financial Service Directory. Kiplinger is not affiliated with and does not endorse the company or products mentioned above.
-
3 Reasons Fidelity is Kiplinger Readers' Favorite Full-Service BrokerFidelity is a Kiplinger Readers' Choice Award winner four years in a row. Here's why.
-
Cell Phone Prices Are Rising. Here’s How to Get More Value From the Phone You HaveIf you’re keeping your smartphone longer, protecting it could save you money on repairs and help preserve its value when you’re ready to upgrade.
-
The 'Mega IRA' Cap Is Back: What High Earners Should Watch in 2026Retirement Tax New rules could force high-income savers to withdraw "excess" retirement funds. Here is why the bill matters — even if it doesn't pass immediately.
-
What You Need to Know About Sustainable InvestingSponsored Content from Domini Impact Investments
-
A Look at the World’s Rarest Precious Metal and its Growing International MarketSponsored Content from the Osmium Institute
-
Raising a glass to an investment in wineSponsored Content from Cult Wines
-
Here's How to Invest in the Robotic Chefs That Are Ready to Take Over the Fast Food GameSponsored Content from Miso Robotics
-
The Best-Kept Secret to Income Investing
Sponsored Content from Aberdeen
-
How families, financial professionals and communities win by investing in education
A 2021 roundtable on the positive impact of 529 plans
-
A Unique Perspective on Real Estate Investing
Sponsored Content from RAD Diversified
-
The positive impact of 529 college savings plans
Terms and Privacy Policy
