All of us have dreams and aspirations. Whether it's starting a business, moving to a new home, saving for a college education, planning a special vacation, looking forward to a secure retirement, or creating a family legacy-making those dreams come true takes financial resources. Regardless of your current financial status or your timeframe, it's never too soon-or too late-to start laying the groundwork for your future.
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As an independent financial services firm, Mark Epps Financial Services, offer a wide variety of investment products, including but not limited to: stocks, bonds, mutual funds, UITs, REITS, fixed, indexed and variable annuities. We provide guidance and advice on all manner of financial topics that impact our clients' lives.
Answer: The stock market seems to be trading in a range right now and arguably has been for the past year or two. There are several strategies that all investors should pay attention to, especially in a stock market experiencing ups and downs. One of those is "Dollar Cost Averaging."
This is best described as the buying of shares of a given investment at different high and low price points in the market, that will over time average the price you paid for that particular investment.For example, if you buy ten shares of a stock at $10 per share and then you buy ten shares of the same stock a month later at $6 per share, the average price per share of your 20 shares of that stock is now $8 per share.
This is best described as the buying of shares of a given investment at different high and low price points in the market, that will over time average the price you paid for that particular investment.For example, if you buy ten shares of a stock at $10 per share and then you buy ten shares of the same stock a month later at $6 per share, the average price per share of your 20 shares of that stock is now $8 per share.
Mark Epps Financial likes to say thanks to our clients, build better relationships with them out of the office, and bring prospects to a variety of places they may find enjoyable. We host educational programs that present investment strategies and techniques while providing a complimentary dinner for our guests.
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