last week you for requested my free report on the The Worst 13 Mistakes
Made By Retirement Plan Investors & How To Avoid Them. Did you get
a chance to read it yet?
If not here again is the link to download the PDF where you can open it:
Today I'll cover Mistake #2: Not having a written, proven investment strategy.
Successful investors follow a proven strategy and system. Experienced investment advisors call this an "investor policy statement" where you put your goals, dreams, and limitations down in writing.
The money is managed according to your long-term objectives and assumptions, not on hot tips or "winging it." This keeps both sides accountable and removes emotion from the decision-making process.
After dealing with many 401k investors, one thing was shockingly clear to me. Most investors are "winging it" with the largest portions of their retirement! Amazed? Read on.
One of the questions I would ask most participants was "How does this 401k account fit into your overall financial strategy?" Are you ready for this? MOST people didnít have an answer. If you are in this camp, please think long and hard about your long-term goals and objectives.
Just remember too that as the market changes, your portfolio grows and time passes, often your investment goals and your tolerance for risk changes. When this happens you need to adjust your asset allocations accordingly.
That is why I offer a FREE Investment Analysis & Portfolio Review. It is a no-obligation assessment of your portfolio to see if you're still invested correctly for your goals, your risk tolerance and your portfolio size.
To get started on your analysis & review either reply to this email or call me here at the office at [aphone].
I hope you enjoy the report!
W. Edward Newton Jr., CFP
Newton Financial Network
13850 Ballantyne Corporate Place, Suite 500
Charlotte, NC 28277
Phone: (704) 552-8689