Tactical Investment Management Program The Tactical Investment Management Program (TIM) is a proprietary investment management service. This program employs a tactical approach to investing in the financial markets as opposed to a "buy and hold" approach. Seeing the problems during the severe stock market declines in 2000-2003 and 2007-2009, our founder, Mike Bagby, realized that the old "buy and hold" approach wasn’t always sufficient for every client. He developed this tactical approach to avoid having TIM clients invested during major market declines.The purpose of TIM is:To be objective in the investment decision process. Let the markets dictate decisions (objective) rather than rely on an investment manager’s subjective judgment.To keep your portfolio invested in asset classes that are in price uptrends.To avoid asset classes that are in underlying price downtrends.Who Should Use this ProgramIf you are someone who is interested in having your investments professionally managed using a market driven tactical approach, this program may be for you. You choose your portfolio in advance from choices based upon your goals and risk tolerance. Once you have given authorization, Bagby will manage your account and make investment decisions for you.If you are interested in this program, please feel free to ask us for the details. We will be happy to answer your questions and provide you with more information.Past performance is no guarantee of future results and current performance may be lower or higher than the performance data quoted.All investments involve different degrees of risk. Clients should be aware of their risk tolerance level and financial situation at all times. Clients should read all transaction confirmations, and monthly and yearly statements sent to them. In applicable programs, clients should read all prospectuses carefully before making any investment decisions.Clients are free at all times to accept or reject any investment recommendations made by Bagby Wealth Management.Please understand that any losses are attributed to market forces beyond the control of Bagby Wealth Management.