Let’s face it, investment management isn’t rocket science, but it isn’t easy either; if it was, everyone would do it themselves. To do it right requires knowledge, coupled with patience and discipline, and the courage to stick to your guns and follow your plan during the difficult times that invariably arise in the stock market. Too many people invest blindly, without a well thought out plan.They either chase immediate returns or are ignore their investments, and hope that their money will be there when they need it. Unfortunately, too many of you sell everything at just the wrong time, when panic grips the market, then sit on the sidelines, waiting for “the right time” to get back in the market. By the time the panic subsides, the biggest gains have already been earned. Then, you finally get back in, only to realize that you’ve bought near the top, and the crippling cycle of “buy high, sell low” repeats itself.
Unfortunately, the stock market does not offer a road map to the future. The only clear view of the market is through the rear view mirror.
So what do you do?
Rather than invest according to the latest news and events, you must develop, implement and monitor a plan that can accommodate multiple futures; futures shaped by life’s many transitions: marriage, divorce, children, home ownership, career changes and retirement.
Most investors needs clear, objective, honest advice, coupled with a realistic plan, in order to achieve their desired financial goals. Who can you trust to help you navigate this difficult path? Let me introduce you to WAM.