Scott Tominaga on Why You Should Invest in Your Health

 Scott Tominaga: Benefits of Investing in Your Health

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Scott Tominaga, a veteran investment planner and head of PartnersAdmin, stresses the importance of investing in one's health. Despite how easy it can be to overlook, a person's health is arguably their most valuable asset, and ensuring it's in top form is crucial to living a fulfilling life. Taking care of oneself can seem difficult amid busy schedules and endless priorities, but the benefits of investing in one's health speak for themselves. By focusing on maintaining good health, individuals avoid potential future health complications, increase their productivity, and overall lead happier life. To maintain this invaluable asset, one must invest the time, effort, and resources they would make any other investment.

On that note, Scott Tominaga advocates for business leaders to prioritize their health. By investing in their physical and mental well-being, business leaders can increase their energy levels, boost their focus and productivity, and ultimately lead their organizations toward greater success.

First, everyone knows that a healthy body contributes largely to a healthy mind. 

The mind-body connection has been proven countless times by science. For business leaders, a sharp mind is everything. If something is wrong with their physical health, it also affects their mental health. Investing in one's physical health is also an investment in one's mind.

Next up, Scott Tominaga mentions how much time an investor needs to become successful and a healthier body can handle long hours.

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Being a business leader himself, Scott Tominaga says that business leaders often work long hours. That is why it pays to be fit and healthy. All those hours spent in conferences, meetings, travel, and the like can take their toll on the body. Fortifying oneself ensures that a person can work at optimum levels.

Lastly, a healthy body has a lower chance of getting sick.

While everyone has sick days, for business leaders, one day may be costly to them and the company. Staying healthy minimizes this risk, Scott Tominaga adds.

What are the things you do to stay fit and healthy? How has being healthier affected your work life?

Scott Tominaga earned his degree in Business Finance from Arizona State University in 1988. An experienced professional in the hedge fund and financial services industry, his skills involve expertise in middle and back-office, accounting, compliance, and administrative functions within financial services firms. For more articles on finance and investment, visit this blog.

Scott Tominaga on Why the Financial Services Sector Matters

 

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Scott Tominaga: How the Financial Services Sector Operates

The financial services sector is the lifeblood of commerce, providing individuals and organizations with various essential banking and investment tools. From mortgages to credit cards, from payment transactions to tax preparation planning - this ubiquitous industry works tirelessly behind-the-scenes make sure our economic lives remain financially sound.

 

The financial services sector has three subcategories. These are personal finance, public or government finance, and corporate finance. Scott Tominaga shares that personal finance handles a person's financial activity and overall well-being. It examines an individual's income, living expenses, dreams, and plans. Financial planning in personal finance requires a thorough assessment of a person's current financial disposition. The assessment will help with the formulation of financial strategies.

 

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Public finance handles budgeting, spending, taxing, and debt-issuance policies, which impact how the government charges the public for its services. In the US, the state and federal governments oversee how resources are split, distributed, and allocated for economic stability. This way, public finance can prevent market failure. Taxation secures regular government funding. A government can get finance for its spending by borrowing from insurance companies, banks, and other countries.

 

Corporate finance handles the financial activities linked to managing corporations. Generally, companies keep an in-house finance department to oversee their financial activities. According to Scott Tominaga, corporate finance deals with decisions such as raising additional funds by employing stock offerings or bond issues. In addition, investment banks play a role in keeping companies afloat. These banks lend their expertise to companies by advising them on relevant investment decisions to help market the securities.

 

The financial services sector is an integral part of the economy. One of the most influential sectors, it offers various services targeting different activities. It's important to note that financial services are different from financial products. Rather, it's the vehicle for a customer to receive financial goods.

 

Scott Tominaga, the Chief Operating Officer of PartnersAdmin LLC, is an experienced professional in the areas of middle and back office, accounting, compliance, and administrative functions within financial services firms. Visit this blog to read more posts from Scott Tominaga.

Scott Tominaga's Investment Guide for Retirees

 

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Scott Tominaga Talks About Investing for Retirement

Just like marriage, retirement is considered a milestone in a person's life. But, according to PartnersAdmin LLC's Scott Tominaga, retirement requires a lot of planning, especially financially, to make it go smoothly. Sadly, many retirees have not saved or invested enough as their biggest regret.

 

However, there is still hope. For this blog post, Scott Tominaga shares a few alternative investments to consider before or even after you retire.

 

The first investment you should look into is real estate.  

 

Finding old buildings and fixing them as living spaces or commercial structures has proven lucrative. 

 

For retirees, though, the former might be better. It entails less work with maintenance and paperwork. Having two or three apartments to rent out means you'll receive a steady cash flow from the rent every month.

 

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Next, there's the emergency account.  

 

This investment means a separate account from your 401k and savings. It also means you should open it way before you retire. The philosophy behind this is akin to having a safety net when starting a business. 

 

An emergency account will supplement your savings and plans if an emergency should occur and you're left with zero funds.  

 

Finally, there are bonds.  

 

Many retirees know the value of bonds and have survived because of them. Just like real estate, bonds provide income regularly. There are several bonds out there that can make for a worry-free retirement, adds Scott Tominaga.

 

 

ScottTominaga, the Chief Operating Officer of PartnersAdmin LLC, is an experienced professional in the areas of middle and back office, accounting, compliance, and administrative functions within financial services firms. He has previously filled primary roles in forming several operational infrastructures. He also interfaced with fund managers and professional service providers to establish efficient and transparent operations and reporting structures. For more about his work, visit this page.

Scott Tominaga: Low-Risk Investments for Seniors

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 Scott Tominaga's Investment Picks for Retirees

As one nears retirement, Scott Tominaga says they must become more aware of the financial stability of sound investment strategies. This involves examining the best options available and guarantees that one's retirement portfolio will allow for peace of mind. It's also a huge plus that it comes with various perks, from guilt-free shopping to traveling the world. 

 

 

According to Scott Tominaga, the first low-risk, the high-gain option is P2P or peer-to-peer lending.

 

P2P is an online investment that matches borrowers and investors in mutually beneficial loans. It is worth considering as among the primary investment choices. P2P often pays out higher interest rates than your typical stocks. 

 

 

A sound second choice is annuities. 

 

Annuities are investment contracts between an investor and an insurance company. These contracts come in various forms. They can either be variable or fixed. That said, annuities usually guarantee a return by a particular date. Though these often hinge on how the stock market fares, Scott Tominaga says the contract may include a provision limiting downside risks.

 

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Lastly, it would be best to look at real estate investment trusts, otherwise known as REITs.

 

Here one invests in mortgages and direct equity positions from different properties. REITs pay dividends to their investors. The yields here are often higher than what you can gain from stock dividends. This is a great option when the stock market is in decline. This is because they are not correlated with exchanges in stocks, adds Scott Tominaga.

 

ScottTominaga is the Chief Operating Officer of PartnersAdmin LLC. He has almost two decades of experience in the hedge fund and financial services industry. His company was established in 2008 to provide a quality, outsourced solution to the alternative fund industry's dynamic back office needs. Visit this page for more on Scott and PartnersAdmin.

Scott Tominaga on the Growth-Venture Capital Debate

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 Scott Tominaga Weighs in on Growth Vs Venture Capital

 Growth or venture capital? In this blog post, Scott Tominaga examines these two investment approaches and shares his insights to help investors craft their investment strategies.

 

What is Venture Capital?

 

Venture capital, or VC, is a branch of private equity that focuses on investing in startups and other early-stage companies with tremendous potential for growth. Though often associated with Silicon Valley and the technology sector, many Venture Capital firms are willing to invest in young companies from any industry.

 

In contrast to traditional private equity funds, which tend to invest in a handful of established companies in mature industries, venture capital funds often invest in dozens of small firms. Though many, if not most, of the firms are expected to fail, the VC firm hopes that the outsized returns of the few successful companies will more than cover the failures.

 

What is Growth Capital?

 

Like Venture Capital, Growth Capital (also known as Growth Equity) is another subset of private equity. However, in contrast to VC, Growth Capital is an investment strategy wherein funding is given to older, more mature companies.

 

This has several goals, such as expanding capital, restructuring operations, and funding newly acquired companies. While VC aims to help new companies get off the ground, Growth Capital seeks to help established companies transform or modify their business model.

 

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The Verdict

 

Ultimately, Scott Tominaga believes both strategies should be seen as complements. In addition, he points out that the success of each strategy could depend on the current point in the business cycle, which means that investing in both approaches could offer an investor's portfolio some needed diversification.

 

In the end, Tominaga notes that regardless of the strategy employed, the most important factor may be the quality of the investment firms themselves. Though the highest-performing funds easily beat the overall market's returns on a risk-adjusted basis, most cannot equal such feats, making the choice of fund manager all the more important.

 

 

Scott Tominaga is PartnersAdmin LLC's Chief Operating Officer and has nearly 20 years of experience in the hedge fund and financial services industry. Visit this page for more on Scott and his work.

Finance Corner: Scott Tominaga on the Two Types of Accounting

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Learning About the Two Accounting Types with Scott Tominaga

Small business owners often take for granted the type of accounting system they use. In fact, they may be completely unaware of whether they employ cash basis or accrual basis accounting, instead leaving that choice to their accountant. Nevertheless, finance expert Scott Tominaga indicates that all small business owners should familiarize themselves with both accounting methods, including the benefits of each.

 

For cash basis accounting, the transactions are reported when money is either spent or received. For example, you record an expense when cash is paid for a new piece of equipment or when a customer pays you for services rendered.

 

In contrast, with accrual basis accounting, income is recorded when earned, and deductions are recorded when they are incurred. For instance, if a piece of equipment is purchased by a company and is expected to last five years, its cost is spread across its lifetime. The result is that the company's earnings are smoothed, and its books more accurately reflect the company's true financial health.

 

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Scott Tominaga mentions the company owner's choice depends on several factors. For this, finance experts and tax accountants should be consulted. Cash basis accounting is usually more intuitive and easier to understand for someone not well-versed in accounting. In contrast, the accrual method is more complicated but preferred by most companies. In addition, some business types, such as C Corporations, can no longer use cash basis accounting in the United States for tax purposes.

 

Based on the information above, which type of accounting do you believe best suits your business? Share your thoughts with Scott Tominaga in the comments section below.

 

 

ScottTominaga, the Chief Operating Officer of PartnersAdmin LLC, is an experienced professional in the areas of middle and back office, accounting, compliance, and administrative functions within financial services firms. He has previously filled primary roles in forming several operational infrastructures. He also interfaced with fund managers and professional service providers to establish efficient and transparent operations and reporting structures. For more about his work, visit this page.

What Makes Equity Markets Different From Debt Markets?

 

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    Scott Tominaga notes that one of the most important functions of a company is raising capital. As he points out, there are, broadly speaking, two main ways a company can finance its operations: taking on debt or issuing equity. While debt entails borrowing a fixed amount with an agreement to repay it with interest over time, issuing new equity entails selling an additional ownership stake to another person or entity.

 As Scott Tominaga further explains in this article, the equity and debt markets operate in two distinct ways.

The distinction

The stock market is the venue for buying and selling stocks and pertains to several well-known marketplaces such as Nasdaq, the London Stock Exchange, and the New York Stock Exchange, to name a few. Though stocks were originally bought and sold in person on a trading room floor, now almost all of these transactions occur via computers.

 

Meanwhile, Scott Tominaga explains that the debt or bond market is the arena for investing in fixed income assets. It is worth noting that there isn't a single physical exchange for bonds since most of these transactions are made by individual investors or between large institutions and brokers.

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Clearing up confusion

The distinction between debt and equity and their associated markets must be made at the onset, as most beginners in the industry often have to deal with the confusion of whether debt financing or equity financing is more suitable for their situation.

 

To sum it up, investors and traders in the debt market buy and sell bonds, while those in the equity market buy and sell shares of stock.

 

What are your thoughts on debt markets and equity markets? Do you prefer one over the other? Do you have any tips on navigating these markets? If so, do share them with Scott Tominaga in the comments section below.

 

Scott Tominaga is a seasoned professional in the financial services and hedge fund industry. He has written several blogs and articles on a broad range of topics. Click this link to read past articles from Scott Tominaga.