GRILL AND CHILL HOST A SUMMER BARBECUE FOR EVERYONE
Enjoying your own party can be more complicated than it sounds. Backyard barbecues are a high point of summer, but hosting one you enjoy with your guests requires planning. “If swimming is on the agenda, consider protecting new or light- colored indoor furniture with water-resistant covers so guests in wet swimsuits can sit wherever they want without stressing out their host,” says Calla Quinn, a TikTok influencer who recently posted tips on hosting up to 50 friends at your home. Another tip she shares is using of portable misting fans in dry climates. These devices create a fine mist to refresh passersby in seconds, and they are especially popular on patios and decks. If attendees offer to bring something, don’t hesitate to accept, and be specific about what you want — from lawn chairs to beach towels. Martha Stewart recommends having a stain remover on hand to manage stains and cloth towels that guests can use to wipe up spills.
dispensers with popular options. Depending on your guest list, you might offer family fare such as lemonade, iced tea, ice water, or premixed cocktails like strawberry vodka lemonade or passion fruit margaritas. Martha Stewart suggests allowing amateur mixologists to concoct their own beverages by setting out bottled juices, artisanal sodas, and kombucha. A stylish yet simple way to serve hors d’oeuvres and side dishes to complement your grilled entree is to assemble or have catered a charcuterie board. These feature finger foods such as meats, cheeses, olives, spreads, fruits, nuts, chips, and crackers. A fully stocked charcuterie board adds a decorative touch while keeping guests well-fed for hours, adding what Quinn calls “a real wow factor.” And to make sure your day ends well, look for disposable, compostable bamboo or wooden dishes. Searching for “eco- friendly tableware and cutlery” should turn up some good options. This one last detail can go a long way toward supporting sustainable living while ensuring you don’t spend any valuable party time cleaning up broken glass or washing dishes.
Expert hosts also recommend a self-serve bar for casual summer gatherings. Consider filling several 3-gallon drink
Considered an art and a science, portfolio management involves carefully selecting and overseeing investments to align with clients, companies, or institutions’ long-term financial objectives and risk tolerance. Investors can pursue different strategies, but having clear goals and understanding risk tolerance is essential. Take Charge of Your Wealth With Portfolio Management Licensed managers handle portfolios for clients, but some people prefer self-management. Successful management requires weighing strengths and weaknesses across investments, considering factors like debt versus equity and domestic versus international options. Here, we will dive into the two types of management: active portfolio and passive portfolio. ACTIVE PORTFOLIO MANAGEMENT In an actively managed investment fund, an individual’s portfolio manager, co-manager, or team typically makes active investment decisions. The fund’s success relies on research, mallet predictions, and the management team’s expertise. Active managers closely monitor market dynamics to
capitalize on impurities, believing this approach offers greater potential returns than passive investing.
Active portfolio managers closely monitor market trends, economic shifts, political changes, and relevant news to time investments strategically and capitalize on opportunities. This approach enhances the potential for returns compared to passive tracking of index holdings. Investors employing an active management strategy enlist fund managers or brokers to trade stocks to surpass a specific index, such as the S&P 500 Index or the Russel 1000 index. PASSIVE PORTFOLIO MANAGEMENT Passive portfolio management, also known as index fund management, aims to mirror the returns of a specific market index or benchmark; in this approach, each stock in the index is weighted accordingly. Decision-making is essential for those looking to increase their wealth. You can opt to manage your investment portfolio independently or enlist the service of a professional. Regardless of your approach, mastering portfolio management fundamentals is crucial: Diversify your investments to mitigate risk, balance your portfolio regularly, and select a mix of assets to optimize potential returns. Patriot Wealth is here to address any questions; call us today!
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