Category: Investing

One of the most important parts of your overall financial plan is the investment plan. The investment plan is made up of three distinct parts: present value, projection of future inflows and outflows, and allocation. It is allocation that we’re most interested in with this article. Allocation is the process of determining the “mix” of your investment assets: stocks, bonds, real estate, etc. as well as domestic and international categories. Allocation is determined by the philosophy that you choose to…

For a golfer looking to improve his game, it can be useful to study the top golfers’ strategies and methods. Investors can, in much the same way, learn from the “money masters”, the top group of the most successful investors. You might not have their resources or years of experience, but understanding their philosophies can help you in your own approach to investing. Think Like an Owner, Not Like a Trader This philosophy is as commonsense as the investor who is…

You probably wouldn’t climb a mountain without a guide. But when it comes to charting a financial course, many people feel they need to go it alone. That’s often not the best strategy, because our strongest money instincts—fear and greed—tend to block the path to success. Whether you are just starting out, changing course, or navigating one of life’s inevitable speedbumps, an experienced financial professional can help. After all, life is not a straight road; it has many unexpected turns—marriage,…