Even the best pilot in the world needs help to get from point A to point B. No matter how long the pilot has been flying, he cannot see and know everything necessary from the cockpit. Air traffic control is always present to inform pilots of the things they can see; but which the pilot cannot.
You know how important it is to plan for your retirement, but where do you begin? Your specific needs depend on your goals and many other factors.
A good place to start would be to understand what your investments “need” to do in your retirement portfolio, and in light of your “need,” what investments have the best chances of creating your successful future.
If you are like most, you know that there will be another market crash, but you just don’t know when. History leads us to believe that it will come sooner rather than later. So, if it comes in the near future, are you prepared?
How is planning a successful retirement like playing a game of chess? Let’s break down
some of the pieces on the chess board…
Modern Portfolio Theory has been widely adopted by the financial services industry as the “go-to” investing philosophy.
Today’s thinking is that there is a good chance you could be retired for 30 or more years!
In this article I want to talk about investment mindsets. Specifically the importance of moving away from a “Growth” only mindset to an “Income” mindset with your investments in retirement. Ask yourself the question, “Am I Investing for Growth or Income?”
I recently read a Bloomberg article called “Mom and Pop Sit Out Rally, With Stock Exposure at Six-Year Low.”
Some people make New Year’s resolutions. Fewer actually stick with them for very long. But most do agree that having goals, and striving to achieve them, is important.