March 12, 2016
What is wrong with the market and what should I do?
It is times like these that I receive calls from my clients asking “ What is wrong with the market and what should I do?”
The answer to the first question is simply this. The market is unpredictable. We all know that. Yes, we hear all the talking heads in the media or behind a desk saying that they can predict the market or they can guarantee certain returns. If they could, they would be unbelievably rich and all their clients would be as well. The truth is, the markets just have not behaved with any sort of predictability since the 2008 meltdown.
The answer to the second question is much easier. What should I do? My answer is the same wthout regard to the time of year or market cycle. The key to wealth building is limiting your losses. This seems rather obvious but most people just do not get it. Emotion, greed and misinformation just get in the way.
My general thought is, if we can reach your financial goals without taking any unnecessary risk, why take it?
So, what should you do?
There are many products on the market designed for this type of investing. Turtle Creek Financial specializes is Safe Money strategies. Many of these strategies you probably never heard of from the media and normal financial channels.