Step one: Watch this training video

Note for Jim Clair: Just focus on the landing page bellow. The video will contain virtually identical content... Now it's old and in Czech language.

Step two: Book a free discovery call

During this 45 minutes long online discovery call with me we'll find out how to fit the above investment principles to your unique situation, so you can start investing without costy mistakes right away. Also, we'll find out whether further cooperation with me will be benefitial to both of us.

What's this all about

Look, there's a lot of information at this page, so I thought about writting a brief summary here so you can get an idea if that's for you.

I'm certified investment advisor. I'm not paid by commissions from any third-party. I take money directly from clients. This insures that I'm motivated to recommend you the very best investments that are available out there, and those that I'm using myself.

My typical clients are those that fall into either one of those two categories:

1. Want to accumulate wealth, so they can buy what they want in future and retire at their defined age with secured annuity that they can draw every month
2. Already have their wealth accumulated and want to protect it against inflation and other risks and possibly withdraw regular annuity safely and / or prepare the wealth to be safely transfered to their family or kids in the future

At this page I describe virtually every secret of how I invest with my clients. I'm confident that just by applying about 50% of it you'll move into the top 10% of retail investors and will be successful in it.

If you don't want to invest on your own...

If you don't want to do it on your own, though, you can invest with me without any effort. Here are the main benefits you'll gain:

1. You'll follow proven principles of how wealth is managed globaly. I didn't make it up, it's based on practices that are followed by top-tier USA advisors and collected during several decades back
2. Security of your wealth is the absolute top priority. We'll eliminate all the risks that can be eliminated, and minimize those that can't be eliminated entirely
3. Flexibility. Minimum investment is 100.000 CZK one-time or 5.000 CZK / monthly. Or 50.000 CZK one-time and 3.000 CZK / monthly combined. You can withdraw money any time you want. No commissions or fees.
4. We'll set up investments individually to your unique situation. We'll look on when you need the money and how much, and manage the investments the way that you'll be able to withdraw the money as planned.
5. Service - I'll keep you informed about the investments all the time. And once per year we'll have service meeting where we can change everything if you want, or if your situation changes for whatever reason. No extra fees.
6. Time - You'll save tons of time researching and managing your investments. Everything will be done for you. Including allocation, rebalancing, currency hedging etc. All you'll need is to send money every month or one-time

I use Edward Wealth Management platform that enables me to do all of this for you. You'll invest through Wood & Company, which is the largest securities trader in the central and eastern Europe. This enables me to provide you with the highest possible standards when it comes to technology and safety.

How much does it cost

There's management fee of 0,39 - 1,99 %, charged yearly from the amount of wealth that I manage for you. Precise size of this fee depends mainly on the amount invested. Inner-costs of instruments that I recommend to you are ranging in between 0,15 - 0,39 %.

There's also small set up fee of 5.000 - 10.000 CZK at the start that grants you professional personalized financial plan and its yearly updates.

When you have more than 1 million invested, part of the management fee gets transformed into performance fee. I then charge this one only when we do a good job together and your portfolio reaches new maximum of value.

And that's it. No entry fees or other up-front payments. All transactional fees, rebalancing costs, currency hedging and reallocation costs are included.

Is it expensive? Compared to standard solutions through mutual funds that will likely be offered to you from banks or most financial advisors this comes way cheaper. Mutual funds charge typically from 2 - 3% yearly. And the advisor adds entry fee of around 3% charged from all money invested. This often means up-front payment of tens of thousands CZK. Not mentioning the conflict of interests there, of course.

If you think this might be for you, go ahead and book a discovery call with me. We'll look at your situation, determine the right strategy for you and find out if we're a good fit to work together:

So, first things first. Why you should take your time out of your busy schedule to spend it on this page with me?

Who am I?

Model portfolios constructed for clients

In order to gain maximum return while eliminating as much risk as possible, we structure investments into portfolios. Portfolio means that your wealth isn't just in one type of assets. It's diversified into many classes of assets and across the world.

Now look at the portfolios you can take part in with us:

There are 10 portfolios available. MP10 being the most dynamic, MP1 the most conservative possible (only holding a cash). The portfolio's aren't just randomly set up. They meet the global standards of wealth management. The philosophy behind them is that 1 + 1 is more than 2, and they bring you maximum return with acceptable risk.

In the following table you'll find expected average yearly returns of each portfolio. The returns are NET, meaning after all fees you'll be subject to.

Why to invest into those portfolios?

... Because they are prooved by history of long decades back

This isn't anything new. This isn't any modern flashy promising investment. This goes long into history. Me and my clients believe that you shouldn't experiment with your hard-earned wealth. You should bet on what's well tested already.

Look on Portfolio MP7, Nobel Foundation portfolio:

How does Nobel Foundation invests

Why we look at how Nobel Foundation do it?

Because they managed something what my clients want, over the history of 120 years:

1. Keep wealth safe over the long period of time
   2. Get an average return well over inflation, so you can withdraw regular annuity from it and enjoy financial independence

How practically do I invest?

I explained already to what assets to invest. But where to really start?

I use Edward Wealth Management Platform. It's a modern tool that enables me to help you with all the allocation, currency hedging, etc. It has been created by Viktor Hostinsky, that has brought with it american standards to Czech Republic. He was studying financial planning in the USA and his mission was clear, to provide better tools for the public to build their financial independence. So Edward was created.

Edward sends orders to buy particular investments through Wood & Company, the greatest securities trader in the Central and Eastern Europe. They provide more than 50% of all trades at Prague Stock Exchange and have long tradition since 2002. This enables me to provide investment services on the highest possible technological and security standards.

Your wealth is not stored by Edward. It's secured by Wood & Company, and, of course, separated from it's assets. You are the direct owner of all the shares, just as you would if you bought the ETF funds directly on your own at stock exchange. You're also protected by respective regulations from Czech Central Bank. There's really no way how to make it safer. That's just my very first priority.

What if you want to do it on your own?

If you want to invest on your own,  you can of course use any possible securities trader and buy all the ETFs on your own, if you wish so. Here's a list of few common ones in Czech Republic that you can choose:

1. Wood & Company
2. Fio Banka
3. Patria Finance
4. Degiro

Here's a list of ETF funds from which I structure the portfolios that I've listed above. You can use those to balance the portfolios exactly as they are presented and used by myself:

Just with this information, you'll surely outperform most of the people that invest with their bank or their advisor into Mutual Funds. You'll also enjoy greatly low annual fees. Just keep in mind this:

1. You might be required to invest in a great lump sums. Traders usually don't provide investments in smaller amounts (say 5.000 CZK monthly) and if they do, you'll suffer huge transactional fees. With me through Edward those fees are entirely included in the management fee
2. You might want to look up how to rebalance your portfolio regularly. This is automatically done in Edward
3. You probably won't have a chance to hedge the portfolio against currency risk. This is also included in investment through Edward without any further fees
4. You need to learn how to control your emotions. This might sound strange, but emotional withdrawals or experimentation with timing the markets are the most common mistakes among retail investors that costs them a lot of money. You might fall for this trap easier than you think without a guidance of a professional. Even if you already have an experience in the markets already

If you still think of doing it on your own, I can only encourage you in it. You'll surely learn a lot while doing so.

Eather way, check out the last secret that you want to keep in mind when investing on your own. It's also done for you without any extra effort or time needed, if you use help of me and Edward:

Now lets unfold the Last Secret Ingredient:

You already know how to protect and grow your wealth ...

... But do you also know how to withdraw safely?

Read on

Edmund Hillary or George Mallory ?

1953 - Edmund Hillary with Tenzing Norgay managed to get on top of Mt. Everest for the first time in history. But were they really first?

1924 - George Mallory and Adrew Irvine were seen right under the top of the greatest mountain on Earth. Nobody has ever seen them again, though. They likely managed to reach the top, but didn't manage to return back from the mountain.

Why safe withdrawal matters

What's the true point of investing? Well, it is definitely to be able to withdraw the money one day safely. That's why you do it, right? To be able to spend it one day, or give it to the next generation that can ultimately spend it?

Look at this chart:

You don't invest for the sake of investing. You do invest to reach your goals. Whether it's that new cozy apartment or family house, or fixed annuity that covers your expenses and grants you financial freedom.

How you might loose a lot of money here

You might say: "Yeah, but if I'll invest successfully, I'll grow my wealth and then just withdraw the money to buy what I want. What's the big deal here?" ... Is it really that simple?

Remember, stock markets are volatile. Just recently in March 2020 there has been correction of more than -30%. Imagine if you have planned to buy new family house for 10.000.000 CZK and this happened right before the deal.

Or imagine you want to retire and economy goes into recession a year before. Will you accept the losses and withdraw your wealth anyway? Even if the value of your portfolio is currently down?

How we work with goals and annuity

Investment platform that I use - Edward wealth management - structures your wealth into 3 buckets. Each bucket keeps your money in different portfolio (we learned more about the portfolios above):

We do this to secure the goals and annuity that you plan to withdraw, so you don't end up like George Mallory - reaching the top, but failing in stepping back down. This is actually one of the most frequent mistakes that leads people to loosing their wealth that they were accumulating during their entire life.

It works like this:

How do we draw the annuity?

Edward solves the annuity similarly to the goals - with the three buckets again (see above).

The dynamic long-term portfolio makes you money and keeps your wealth well over inflation. From this bucket you continuously move money to the mid-term balanced and shorterm portfolio with lower risk. 

You need to keep enough money in the short-term portfolio from which you withdraw the annuity every month. Continuously you need to restructure your wealth.

What if economic crisis hits?

We've got you covered. For the next 10 years you have your wealth in safer short-term and balanced bucket. Probability of stocks being down for more than 10 years is negligible.

If the dynamic portfolio is currently in a temporary loss due to a crisis, we don't withdraw money from it and wait until stock market recovers.

Here's how your wealth would be managed during both accumulation and then drawing the annuity. You can see how wealth is continuously moved from dynamic Long-term portfolio to the safer portfolios over time:

Model example above is of a client with 100.000 CZK one-time and 6.500 CZK monthly investment. When 50 years old, he'll be able to withdraw an annuity of 11.600 CZK every month. All numbers, including the annuity, are inflation adjusted.

We didn't make this up

This bucket system is inspired by how Nobel Foundation do it for around 70 years already. They have one lump sum of estate invested from which they withdraw millions of SEK every year and pays them out as Nobel Prizes to inventors and laureates. It's precisely the same challenge they're facing as our challenge to grant our clients annuity that won't decrease over time. See?

Read more about Nobel Foundation:

How does Nobel Foundation invests

Why we look at how Nobel Foundation do it?

Because they managed something what my clients want, over the history of 120 years:

1. Keep wealth safe over the long period of time
   2. Get an average return well over inflation, so you can withdraw regular annuity from it and enjoy financial independence

How much is the cost

I'm not paid by any commissions. I charge money directly from you. This insures that I'll always be at your side and make decisions based on what is good for you and your money, not based on the commissions I'd receive.

Here is complete list of costs of investments of my clients:

Directly paid advisory vs Commission-based advisory

To use a directly paid advisor, or to go to bank or to your financial advisor that's doing it "for free"?

Well, be assured  that nobody's doing it for free. Put shortly: Directly paid advisory comes way cheaper then investing with commission-rewarded financial advisor or a bank. I'll break this down further bellow.

Not mentioning the transparency that this approach brings you. Banks charge you money first, then they typically don't care. I'm making money only when you're making money and your portfolio grows. This motivates me to work with you in the long-term and to offer you the best investments I can possibly find. Not the ones that offers me the highest commission.

Management Fee

Management Fee is the main cost of my service, together with Performance Fee. It's paid annually in a form of percentage of the wealth that's managed for you. It includes everything, from portfolio setup to maintenance, currency hedging against risk of changing currency rates, regular rebalancing and structuring according the needs and goals of a client. Also yearly updates and service meetings are included.

To get the full expense, you need to add the Expense ratio of the portfolios (TER). I'm using almost exclusively global low-cost ETF funds that comes up to 10 times cheaper than usual banks' mutual funds.

Together it's 0,54 % - 2,38 % yearly. This depends mostly on the amount of money invested.

Typical Mutual Funds offered by banks and most financial advisors have expense ranging from 2 % - 3%, or even higher. The reason for higher expense is that it's managed actively. The fund needs to pay for portfolio manager and other employees. Sad thing is that most of those funds have significantly lower returns than passively managed ETF funds. Also because of those high fees.

Performance Fee

This one is charged from 1 million CZK above and as it's introduced, the Management Fee is reduced comparably.

The fee works on High-Water Mark principle. This means that it's charged only when the portfolio reaches the highest-ever values and you make real money. Then 10% of this earned money we take as reward.

I don't feel that charging money upfront, as it's common practice among banks and financial advisors in form of Entry Fees, is any fair. So I avoid this. Rather, I take money only when we actually make a profit together. That's fair, isn't it?

Fee for financial plan and set up

The right strategy and plan from the very beginning is definitely the most important determinant of success in investing.

This is the only one-time fee that gives you professionally designed and personalized financial plan. Yearly consultations, service meetings and updates are included. You'll never pay anything again.

Banks and commission-based advisors charge you typically around 3% of Entry Fee. That's 30.000 CZK from 1 million invested. And you rarely get anything close to a professional financial plan and regular service.

See? It's really much cheaper. Saved money means greater profits for your wallet.

Minimum investment is 100.000 CZK one-time or 5.000 CZK / monthly. Or 50.000 CZK one-time and 3.000 CZK / monthly combined. You can withdraw anytime you want, no additional fees.

Farmer advisor vs Hunter advisor

Ok, you know that I'm cheaper and not biased by commissions. That's good, but think also about this:

Who of those two will provide you with better service?

I call the first "Hunter advisor". If he wants to make for his living, he needs to take (or "hunt") more and more clients. If he stops getting new clients, so does his income. How willing do you thing he'll generally be in providing you long-term service?

Now think about the former one. There's little income at the beginning. If he wants to make money, he needs to make his clients happy in the long-term. This advisor, unlike the first one, won't chase more clients than he can handle, because then his level of service would lower and clients would probably stop cooperating with him. He's conscientiously "farming" with his clients, making sure their portfolios grow decently over time in their favor.

Do you want a farmer advisor, that's sitting by your side?

Go ahead and schedule a free discovery call with me. We'll look at your situation, determine the right strategy for you and find out if we're a good fit to work together: