The answer is PATIENCE. Like an asset category that gives investors positive rates of return, investing with patience may be an investor's greatest ally. Conversely, a lack of it could be their worst enemy. Dalbar's annual study of investor behavior reveals global investors lean toward short-term investing, expecting to hold investments for a little over three years on average.
Less than a fifth of investors hold investments for at least five years. In the context of implementing a successful investment strategy, this is not investing with patience. Dropping your kids off at preschool becomes moving them into a dorm in the blink of an eye. With practical steps and effective planning for saving for college, you can reduce the financial stress for you and your family.
Less than a fifth of investors hold investments for at least five years. In the context of implementing a successful investment strategy, this is not investing with patience. Dropping your kids off at preschool becomes moving them into a dorm in the blink of an eye. With practical steps and effective planning for saving for college, you can reduce the financial stress for you and your family.
Services
We are an independent, fee-only Registered Investment Advisory firm founded in 2008 by Brendon Jenks. We exist to empower families in discovering their True Purpose for Money and life. If that sounds like an unusual goal for people in our business, we understand; however, in nearly two decades of experience in financial services, we've noticed that when you live your life on purpose, you invest on purpose.
We serve individual investors, small businesses and non-profit organizations by providing knowledge, discipline and tools that empower people to fulfill on their dreams and missions, making a measurable and positive impact in the world.
We are committed to working with professional and strategic partners, such as Attorneys, CPA's, Life, Health and Property & Casualty insurance agents, Mortgage originators and Credit Unions that are in alignment with our 2030 company vision.
We are committed to working with professional and strategic partners, such as Attorneys, CPA's, Life, Health and Property & Casualty insurance agents, Mortgage originators and Credit Unions that are in alignment with our 2030 company vision.
1 Eliminate speculating and gambling: the average investor using traditional investment advice that tried to beat the S&P 500 made a meager 4.25% for the period of 1993-2012. Over the same 20 year period, the S&P 500 averaged 8.21%*. Negative investor behavior or activity.
Don't mistake that stock picking, market timing, and chasing performance (such as using Morningstar "star ratings" to pick mutual funds) will lead to improved investment returns.The majority of brokerage firms and insurance companies are rewarded for the sale of product. Do they mind you jumping in and out of the market-of course not-they win whether you win or lose.
Don't mistake that stock picking, market timing, and chasing performance (such as using Morningstar "star ratings" to pick mutual funds) will lead to improved investment returns.The majority of brokerage firms and insurance companies are rewarded for the sale of product. Do they mind you jumping in and out of the market-of course not-they win whether you win or lose.
Being a successful investor DOESN'T mean you have to know everything. Investment advice provided from an Investor Coach leads to increased confidence and success when you can get "YES" answers to 20 key questions. Do you know the three warning signs that you or your advisor are gambling and speculating with your money versus prudently investing it?
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