Welcome
Tonge Investments is a Registered Investment Adviser, located in the State of Maine, specializing in managing assets in the securities markets. We work with our clients to articulate individual goals and risk tolerance. We then devise a personalized investment plan using a variety of strategic tools:
- Exchange Traded Funds (ETFs)
- Common Stock
- Bonds
- Long/Short
- T24 Income
Our mission: to provide consistent investment returns without exposing our clients' portfolios to unreasonable risk.
- We invest with a conservative, long-term approach designed to increase asset value over time.
- We offer you a custom-tailored portfolio based on your hopes and plans, your income needs, and your risk tolerance.
- We view investing as a process – not an event. Your individual goals form the basis of the investment strategy that we develop together.
We encourage you to browse through our pages and call us with any questions, comments or suggestions.
History
Tonge Investments is a Registered Investment Adviser specializing in portfolio management for individuals, trusts, retirement plans, and endowment funds. Rick Tonge (pronounced Tonj) first entered the business in 1974 as a third generation broker, working for his father's firm. In 1996, he moved from the brokerage to the adviser side of the business so he could work in a fiduciary capacity for clients.
Tonge Investments employs a unique research method, based on technical analyses, in order to identify investment opportunities. Technical analysis focuses on the tug-of-war between supply and demand in the stock market, discovering the relative strength of assets. Relative strength, derived through technical analysis, is the most notable attribute of profitable investment portfolios.
Process
We will talk with you. We will ask questions. We will strive to know what your unique situation is, eventuating in a needs profile and a risk profile. Once we arrive at a common understanding, we will use our experience to develop the appropriate mix of assets to enhance your financial status.
Fees
Management Fees are invoiced at the beginning of each quarter and are based on the total market value of the portfolio. The quarterly fee is one-fourth of the following annual rates:
- 1.00% on the first $500,000
- 0.70% on the next $500,000
- 0.50% on the balance
- T24 only is 2.00%
Portfolios less than $100,000 are subject to a minimum fee of $1000 per year. Two or more related portfolios may be combined for fee calculation. A 50% discount is provided for not-for-profit organizations.
In what follows, we're trying to be brief. The descriptions may sometimes seem arcane and confusing. Indeed, the financial industry as a whole may seem mysterious. We're in business to bring some measure of transparency to the world of investment. Please call us, or come in and see us, if we can be of service to you.
ETF
Exchange Traded Funds provide perhaps the best opportunities for sound, safe investment that have evolved in recent years. Our ETF portfolio comprises both domestic and international ETFs in order to diversify your holdings.
Stock
This is a portfolio of 20-25 individual common stocks. Technical analysis and Relative Strength are used to select each stock. These two research tools allow us to move seamlessly between these investment styles (growth and value) and capitalization (small, medium and large cap).
Long/Short
A very aggressive portfolio using an ETF to be 100% long or 100% short in the US stock market. We have a specific research tool based on supply and demand that guides the investment decisions.
Bonds & Other Income
A ladder portfolio of Treasury, Corporate and Agency bonds or ETF bond portfolio as used to create income. Our T24 portfolio is designed to produce income for IRA accounts.
T24
This special portfolio utilizes both an ETF and a very conservative strategy to generate monthly income at about 2% per month. As market conditions change, we may or may not be able to apply this process each month. However, every time we do, it will get about 2% for the 30-day period. Since the income is all taxable, we encourage clients to select this for their IRA or other retirement assets.
T24 is a unique investment process designed to increase the return and reduce the risk in investment accounts by creating income.
Characteristics
- In an up market or a flat market we will create income at approximately 2% per month.
- In a down market more income is created but it is used to offset the market decline. This offset usually amounts to more than one-half of the decline. Your portfolio loses only half as much as it might have by not using the process.
Safety
- This process is less risky than owning any of the major indexes such as the Dow, S&P 500 or Nasdaq.
Net Results
- More income and less risk for your portfolio.
How It Works
- The T24 process is best used in tax-free accounts, such as an IRA, 401K or non-profit endowment. This is due to the taxable nature of the income created.
- Call us!, we will be happy to explain the process and all other features to you.
Current
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2012
Archive
Please Note:
The information contained in the Tonge Telegraph Archive is for historical research or reference only. This information is dated material and should not be considered current.
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2002
Contact
Tonge Investment Services
22 Common Street
Waterville, ME 04901
Phone: 207-877-7762 or 800-546-7762
Fax: 207-877-7868
E-Mail: rick@ricktonge.com
