Our Thinking

Chacon Diaz & Di Virgilio Honored by the University of Florida

February 6th, 2015

We are honored to be named as one of the 100 fastest growing University of Florida led companies in the world, affectionately known as the Gator 100. In 2009, we built Chacon Diaz & Di Virgilio from scratch with a vision to be a fiduciary fee-only wealth management firm that gave expert advice that was Read more »

How to Have a Financially Prosperous 2015

January 6th, 2015

1.) Save at least 10% of your gross income in retirement accounts. If you are retired, spend no more than 4% of your total portfolio value. 2.) Utilize the proper retirement accounts given your situation, as this will allow you the best tax and investment advantage. Generally speaking, if you make more than $35k but Read more »

The Most Important Question to Ask an Advisor

October 8th, 2014

While there are lots of good questions to ask an advisor or investment professional, there is one question that must be asked first, as all other questions should be based on the answer to this one question. Are you a fiduciary? If the answer is yes, then you are most likely in good hands. You Read more »

When Should You Start Taking Social Security?

August 5th, 2014

One of the first questions many people ask us is, when should I start taking my Social Security Benefits?  In general, if you are in good health, it’s probably best to wait as long as you can to take your benefits (but no later than age 70). However, there isn’t one simple formula that works Read more »

The Difference Between Luck and Skill

March 6th, 2014

“Not realizing the difference between luck and skill puts you on a road to ruin.” We came across this excellent article written by the Motley Fool we and wanted to share it with you. It correctly reminds investors that while you can control the process, you can’t control the outcome, so make sure that your Read more »

How to Build a Long-Term Growth Investment Portfolio

December 19th, 2013

A conversation about portfolio construction begins with investment methodology. Sound methodology should be based upon historical and statistical investment facts that are timeless. Everything that is included in a portfolio should be there for a specific and merited reason. Here’s how to properly construct a long-term growth portfolio. 1.) Start with an equity bias. Simply Read more »

How a Short Term Performance Mindset Can Hamper Long Term Returns

August 21st, 2013

One of the biggest differences between individual investors and professional portfolio managers is how they view performance. Individual Investors tend to overvalue short term performance, placing too much emphasis on 1, 3, and 5 year returns. While professional portfolio managers place most of their analysis on 7-10 year periods, since they coincide with a full Read more »

How to Properly Protect Your Assets

May 15th, 2013

Far too often our initial consultations with clients reveal that they are lacking adequate asset protection.  From mistakes as simple as carrying too little car insurance, to more complex ones like not utilizing asset protection trusts, safeguarding your assets is a vital part of optimal wealth management. While many people think that asset protection is Read more »

Why Your Home Shouldn’t be Viewed as an Investment

February 15th, 2013

  Owning a home was once touted as a significant piece of the American Dream. Home ownership had meant that you had arrived, that you were successful. However, owning a home has never been a great investment. In fact, quite the opposite is true. The chart above shows how home values have fluctuated over the last 100 Read more »

College/Education Savings Options Explained

November 26th, 2012

Education planning is one the most important things that a parent can do for a child. There are many options available, so choosing the right one can be challenging. The following information is an overview of the type of accounts available and their pros and cons. 529 College Savings Plan This is one of the most popular options Read more »