Fungibility - what does that mean?

FUNGIBLE - adjective synonym: interchangeable, flexible

DEFINITION: 1) being something (such as money or a commodity) of such a nature that one part or quantity may be replaced by another equal part, 2) readily changeable to adapt to new situations

If you took an entry level finance or economics class, you earned that “money is fungible”! Great word, love the concept, but while we learned a little about it, it doesn’t affect people in their everyday dealings.

You have been taught to save money in compartments that are separate for many reasons such as taxable vs tax deferred, risk, liquidity etc. This means - NO MORE FUNGIBILITY!

But who does THAT BENEFIT? What a DUMB IDEA!

ALL OF YOUR ASSETS TOGETHER EQUAL YOUR PORTFOLIO!

The CUMULATIVE annual return of ALL accounts, divided by the TOTAL starting value (adjusting for additions/subtractions) EQUALS YOUR TOTAL PORTFOLIO RETURN.

So if Wall Street TELLS you that PAST PERFORMANCE is NO INDICATION OF FUTURE SUCCESS, WHY does every solution that they present come with example of it’s past performance? Why doesn’t Wall Street present us with opportunities that give us a CLEAR and UNDERSTANDABLE view of the future? Is this why every solutions is “a la carte”?

By compartmentalizing your assets, Wall Street is able to separate your money into smaller components so that YOU LOSE ALL ECONOMIES OF SCALE, allows them to charge more fees, adds more complexity to the problem, ENSURES LOWER ONGOING OVERALL RETURNS, AND …. eliminates the fungibility of your money.

This “divide and conquer” makes you OVERPAY for UNDERPERFORMANCE!!

STOP GUESSING!!

BUILD A PORTFOLIO THAT YOU UNDERSTAND AND WORKS JUST FOR YOU!

Take back control of your investments and reclaim your portfolio’s fungibility.

No more duplication of efforts and fees,

No more locking up money,

No more “solutions” that work for Wall Street and NOT FOR YOU!

WALL STREET acts like the WORLD IS FLAT!!

YOU KNOW THAT IT ISN”T!! WE’LL PROVE IT TO YOU!!

TAKE ADVANTAGE OF THE FACT THAT YOU’RE SMARTER THAN THEY ARE!!

BECAUSE YOU FOUND A NEW — PROVABLE — SOLUTION!!

JUST ASK US TO SHOW YOU!! We’re here waiting. It’s your money - treat it right!