Paragon Included in the NABCAP Premier Advisors List

Posted September 30, 2010 by admin. tags:Tags: , , , ,
NABCAP Logo


Paragon Wealth Management was
notified today that they will be included in the National Association of
Board Certified Advisory Practices (NABCAP) Premier Advisors list in
the November issue of Utah Business Magazine.

“We feel privileged to be included on this list,” said Nathan White,
Paragon’s Chief Investment Officer. “It is an honor to be recognized
among these firms.”

NABCAP is a non-profit 501(c)(3) organization that selects an
exclusive group of advisory firms each year who represent the best in
quality wealth management. They are the first organization to create a
discerning process to help the top quality advisory practices in order
to better serve the investing community.

“One thing that sets us apart from other investment firms is our
unique investment strategy,” said Elizabeth Michalek, Paragon’s Director
of Client Services. “Our wealth managers use quantitative models, which
allow them to act in our clients’ best interest. It removes emotion and
guessing.”

Paragon Wealth
Management
is a provider of managed portfolios for individuals and
institutions. Although the information included in this report has been
obtained from other sources Paragon believes this to be reliable, we do
not guarantee its accuracy. All opinions and estimates included in this
report constitute the judgment as of the dates indicated and are subject
to change without notice. This report is for informational purposes
only and is not intended as an offer or solicitation with respect to the
purchase or sale of any security. Past performance is not a guarantee
of future results.

Three Tips to Help You Rollover Your 401K

Posted September 23, 2010 by admin. tags:Tags: , , , , , ,
Happy couple with grandkids

Written by Dave Young, President of Paragon Wealth Management

If you are ready to rollover your 401K, chances are you are retiring. You have worked your entire life so that one day you could enjoy your retirement.

Like most retirees, you now want to spend time with family and friends, travel and do those things you’ve always been too busy to do.

Before you begin your worry-free retirement, you have a major decision to make. This is probably the most important post-retirement decision you will make. More than any other decision, this one directly affects your quality of life going forward.

Below are three tips to follow before you rollover your 401K.

1- Hire a professional. It is important to hire a professional to help you. When you file a lawsuit, you hire an attorney and when you need surgery, you go to a surgeon. You also need a professional when rolling over your 401K.

2- Get objective advice. Understand how you should be invested, how long the money will last, and how much money you will need for retirement.

3- Don’t procrastinate. By consolidating your 401K into an IRA, you better position yourself to keep your investment plans on track.

Be careful when making this decision, and weigh out all of your options. These three steps will help you make a decision that is right for you.

Paragon Wealth Management is a provider of managed portfolios for individuals and institutions. Although the information included in this report has been obtained from other sources Paragon believes this to be reliable, we do not guarantee its accuracy. All opinions and estimates included in this report constitute the judgment as of the dates indicated and are subject to change without notice. This report is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security. Past performance is not a guarantee of future results.

Paragon’s 2010 Appreciation Gala

Posted September 16, 2010 by admin. tags:Tags: , , , ,
2010 Appreciation Gala


Thank you to everyone who came to Paragon’s Appreciation Gala last Saturday, September 11 at the Tuscany Resturant in Salt Lake City. We enjoyed excellent food, wonderful weather and great music by Ashley Wood.

We also awarded our first two Live Your Dream Scholarships that night to two single mothers. We planned to give one full-tuition scholarship this year, but were able to give two. Visit the link above to learn more about the scholarship.

We hosted a silent auction that night to raise more money for the Live Your Dream Scholarship. 50 different items were donated by companies such as Thanksgiving Point, RC Willey, Forget-me-Knots, Young Living Essential Oils, Stampin Up!, Steve Young, The Utah Jazz, East Bay Golf Course, and many more. Two of the highlighted items were a five night stay in Cabo San Lucas and a seven night stay in Hawaii. Thank you to all of our wonderful donors!

Visit Paragon’s Facebook page to see more pictures from the gala http://www.facebook.com/paragonwealthmanagement

A Doom Boom?

Posted September 2, 2010 by admin. tags:Tags: , , ,
Storm Coming


photo by eflon

Written by Nathan White, CFA

I think the current sentiment about the investment environment and the economy is about the worst I have ever seen.

It seems nearly impossible to find anyone that is optimistic! It amazing how the media exaggerates the slowdown in economic data to mean Armageddon.

Every time I look at something like the Drudgerport, I see someone new coming out with a book on how to profit from the coming depression or market crash. Even political pundit, Dick Morris, has a book like this out!

Now, I’m not a rabid bull, nor do I believe that there aren’t concerns and real risks out there. I just wonder how much has already been priced into the market, and that is always the trick with investing.

Investor actions have been confirming their negative view as seen by the record amount of money just piling into bond funds at historically low interest rates.

Do people buying the 10-year Treasury at this price realize that a one percent increase in interest rate could mean a 9-10 percent loss on their investment and take about four years just to “break even” with interest payments; and this is a “risk-free” investment?

Longer-term bonds would produce even worse results!

A report that came out the other day that said hedge fund managers indicated that just 17 percent were bullish, and around 47 percent were short ahead of the historically bad month of September. Perhaps September came a month earlier in the form of August this year?

I’ve been in this business just long enough now to see what happens when everyone is thinking negative and have positioned themselves in the same manner; the market likes to do the opposite.

I agree that things are not great, and the recovery has been so-so. It should have been better, but we are by no means in a depression.

Instead we are feeling the consequences of government bail-out and intervention in the economy in the form of limited upside growth. It is just simply impossible to grow very robustly when the government is creating so much uncertainty and making it harder for businesses to conduct business.

Bail outs and government interventions in the market may help to put a temporary floor on a market slide or economic downturn, but only the cost is giving away the upside later on. This is what we are feeling now.

This produces a Jekyll and Hyde environment where some things look good and others bad, which results in a great degree of uncertainty and markets that bounce around. Choppy markets can be very hazardous to investors’ health as it produces a lot of buy high, sell low activity.

The current economic conditions seem to resemble the early 80’s with few opposite ironic twists. Instead of interest rates at extreme highs, the current rates are at extreme lows and the economic approach of the Obama administration is the “opposite” of what the “Reagan” was. We’ll see how this shakes out…

Paragon Wealth Management is a provider of managed portfolios for individuals and institutions.  Although the information included in this report has been obtained from sources Paragon believes to be reliable, we do not guarantee its accuracy.  All opinions and estimates included in this report constitute the judgment as of the dates indicated and are subject to change without notice.  This report is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security.  Past performance is not a guarantee of future results.

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