Bryan's Real Estate Blog: Invest

Common sense goes a long way in the Stock Market. Very easy to be caught up in get quick schemes or even risk the house by taking all the equity out to play the uncertain market.

Yet there are ways to keep some "certainty" in one's investments.

One means is noted below in this simple tips!

THE ADVANTAGES OF ASSET ALLOCATION

An asset allocation strategy represents personal decisions about how much of your portfolio to allocate to various investment categories, such as stocks, bonds, cash, and other alternatives.

When stock market returns remain above average for an extended period, investors don't have much interest in

asset allocation. Then, the best strategy seems to be to own only stocks. But when the market declines, investors start looking at asset allocation. Some of the advantages of an asset allocation strategy include:

Providing a disciplined approach to diversification.

An asset allocation strategy is another name for diversification, an important strategy for reducing portfolio risk.
Encouraging long-term investing. An asset allocation strategy is designed to control your portfolio's long-term makeup. It should not change based on economic conditions or market fluctuations.

Reducing the risk in your portfolio. Investments with higher returns typically have higher risk and more volatility in year-to-year returns. Asset allocation combines more aggressive investments with less aggressive ones. This combination can help reduce your portfolio's overall risk.

Adjusting your portfolio's risk over time. Your portfolio's risk can be adjusted by changing allocations for the different investments you hold. By anticipating changes in your personal situation, you can make those changes gradually.

Focusing on the big picture. Staying focused on your asset allocation strategy will help prevent you from investing in assets that won't help accomplish your goals. Rather than investing in a haphazard manner, it gives you a framework for making investment decisions.

Courtesy of Al Clark Home Action Newslettter

RIGHT:
Custom-designed concrete flooring runs throughout much of the home’s first floor, including the dining area, which boasts a custom design featuring inlaid glass tile created by interior designer Anita Lang.

A Family’s Carnival Legacy Is Incorporated into a Mediterranean-Style
Home Boasting Eco-Friendly Elements and a Focus on Outdoor Living

FROM FAR LEFT: The Leavitts wanted to use as many eco-friendly building materials as possible. Sustainable cork flooring runs throughout the kitchen, and solar panels sit atop the roof, taking advantage of Arizona’s powerful sun. In lieu of a traditional mirror in the powder room, Lang opted for an assortment of vintage carved and gilded frames. Wood salvaged from a barn in Wisconsin serves as the beams in the guest room. Because of the room’s octagonal shape, Lang pushed the bed into the middle of the room and added a large canopy, which completes the room’s romantic feeling.

One of Groff’s biggest challenges was making the home’s
architectural detailing as authentic as possible. “Most of the
challenge here was to achieve the proper level of patina
necessary to achieve an old-world look,” says Groff of the home’s Tuscan-style façade. To create the look, Groff and his team salvaged timbers from a hundred-year-old barn to design the trusses, which are held together with heavy iron gussets in the main space, while a combination of rustic stone and stucco make up the exterior walls.

To achieve the Tuscan look on the interior of the home, the Leavitts enlisted the help of interior designer Anita Lang of
Interior Motives, in Scottsdale, Arizona, who scoured the country for furniture and accents to add a taste of the Italian hillside to the home. Together with Lang and Groff, the Leavitts incorporated their carnival backgrounds into the decor and architectural details. Stained glass windows on the front doors of the home feature three carousel horses, while the bar in the great room boasts hand-carved replicas of brass horse poles from a merry-go-round. An oversize custom hand-painted tapestry rolls up and down to cover the television in the great room, and an antique merry-go-round stands in the family’s courtyard. “[Incorporating the carnival theme into the decor] meant a lot to the both of us because we both came from carnival backgrounds,” says Guy. An RV garage serves as a carnival museum boasting artifacts from the family’s years in the business.

Making the home eco-friendly was the second priority on the Leavitts’ list. Before they broke ground, Guy visited the lot on the longest and shortest days of the year at sunrise and then every two hours thereafter to chart the sun with a sundial. “The sun plays a big factor in how you live,” explains Guy. “It can be in your favor or against you if you don’t lay your house out right.” Based on Guy’s charting, Groff situated the home so that it would utilize the sun’s energy and then added large solar panels on the roof, which blended in to the Tuscan-style façade so as not to affect the architectural detailing. Sustainable cork flooring in the kitchen and recycled barn wood throughout the home are two other ways the Leavitts added eco-friendly elements to their home.

BELOW:The Leavitts added a parlor, which serves as a reading room, on the downstairs level. One side of the bookcases serves as a hidden door to the wine cellar.

But one of the most important aspects of the new construction was taking advantage of the home’s setting. “We wanted the outdoors to come in and the inside to go out,” says Guy. Groff added two-and-a-half stories of windows and sliding according doors, which open to the courtyard along the entire rear of the house. The great room leads out to the courtyard, which features a swimming pool, a full outdoor kitchen, and the antique merry-go-round. “The windows all pull back,” says Guy, “so when you’re sitting in the dining area, you’re actually sitting outside.”

In the end, the Leavitts received the home they’ve always wanted. “Charlene and I really wanted to achieve both [the architectural and decor details and have an eco-friendly home],” says Guy. “And I believe we did.”

WRITTEN BY BLAKE MILLER

PHOTOGRAPHY BY DINO TONN, COURTESY OF IMI DESIGN

When Guy and Charlene Leavitt decided to build their dream home, they didn’t have to go far. In fact, just two blocks from the home they lived and raised their six children in over the past twenty-five years was a vacant lot that would become the setting for their three-bedroom retirement home. Consisting of four stunning acres—two of which are a preserve—in Ahwatukee, Arizona, a suburb of Phoenix, the lot backed up against the mountains, creating a picturesque backdrop for the finished home and guest house, boasting an underground firing range, swimming pool, and RV garage.

While the Leavitts wanted the house to accommodate their growing family—they have fifteen grandchildren—they had three main priorities that guided the project: First, the couple—who own Ray Cammack Shows, a full-service carnival company, which hosts nine of the largest fairs in the Southwest United States—wanted to incorporate both a Mediterranean style in the architecture and decor of the home as well as their respective families’ carnival backgrounds. Second, they wanted an eco-friendly home that utilized Smart technology and green building materials. Third, they wanted to maximize the outdoor living space so they could take advantage of Arizona’s mild spring, fall, and winter weather. To achieve this, the Leavitts turned to architect Joe Groff of CCBG Architects, who took their wish list and made it a reality.