Thursday, June 24, 2021

CASA of Collin County - An Accredited Charity


An accomplished investment services provider with more than three decades of experience in the banking and investment sector, Fritz Frederick Eugene Mowery has served as the president and chief investment officer at Mowery Capital Management, LLC, in Dallas, Texas. Fritz Mowery has also served on the board of McKinney Airport Development Corporation, Chief Executive Roundtable of Dallas, and as the president of the board of Court Appointed Special Advocates (CASA) of Collin County.

CASA of Collin County serves to protect and promote the best interest of abused and neglected children through volunteer advocate training. These advocates provide a strong, consistent, and clear voice for each child as they navigate a complicated legal system. Advocates serve as the only trusted adult in the life of the child and represent the child in the court system during crucial issues, including foster home arrangements.

In 2018, CASA served 597 children removed from their respective homes and placed in foster care.

Tuesday, June 15, 2021

Fibrenew Offers Mobile Medical Vinyl

A Texas Tech University graduate with a BBA in economics and finance, Frederick Eugene “Fritz” Mowery leads his own investment management firm in Dallas. Fritz Mowery also oversees a Fibrenew franchise operation in South McKinney, specializing in leather, rubber, and vinyl restoration.

Fibrenew South McKinney-Allen offers mobile repair and restoration services for various types of equipment, including vinyl-covered medical equipment, to clients in more than 10 Texas cities. Fibrenew’s highly specialized products and expertise restore damage to chairs, examination tables, waiting room furniture and other equipment in medical clinics, hospitals, dental clinics, veterinary clinics, and similar settings.

Damage such as cracks, tears, and rips can be repaired to avoid the extra cost of equipment replacement. Insured, professionally trained technicians can work on-site to help clients minimize downtime of damaged medical equipment. For repair estimates, clients can submit a request for an estimate through https://www.fibrenew.com/allen-fairview-southmckinney/quote-estimate-form/, email allentx@fibrenew.com, or call (469) 919-1399.

Thursday, June 3, 2021

Is There an Ideal Number of Stocks

An accomplished investment service professional, Frederick Eugene “Fritz” Mowery draws on more than three decades of professional experience. As president and chief investment officer of Mowery Capital Management, LLC, in Dallas, Fritz Mowery manages clients’ finances and assists in portfolio building by ensuring all core asset classes are covered in order to provide complete diversification.

Diversification is a risk-mitigating strategy that involves investing in various categories of assets. Sometimes, balancing a diversified portfolio is complicated, and many investors are not sure what number of asset categories is adequate. Definitely, investing in too many assets is not advisable as it makes the portfolio less manageable. Limiting the number of different investments to about 20 to 30 enables sufficient time and resources to manage the investments efficiently.

The point of diversification is to accomodate unanticipated market situations. To accomplish this, having just two different asset types may be insufficient. While there is no specific number regarding the adequate number of investments for an efficiently diversified portfolio, many experts believe an investor can attain optimal portfolio diversification with 15 to 20 diversified stocks across various industries. However, as a portfolio becomes diversified, it reaches a point where adding more assets makes no difference.