If you are seeking investment help, look at the video here on my services. If you are seeking a different approach to managing your assets you have landed at the right spot. I am a fee only advisor registered in the State of Maryland, charge less than half the going rate for investment management, and seek to teach individuals how to manage their own assets using low cost indexed exchange traded funds. Please call or email me if interested in further details. My website is at http://www.rwinvestmentstrategies.com. If you are new to investing, take a look at the "DIY Investor Newbie" posts here by typing "newbie" in the search box above to the left. These take you through the basics of what you need to know in getting started on doing your own investing.
Thursday, November 1, 2012
There are a lot of uncertainties - corporate earnings, the election, Europe, the fiscal cliff. Still, the market holds in.
And this isn't an unusual situation. It is the nature of the market that many times you can make a list of negatives longer than your arm and yet the market moves sharply higher. The opposite case is obviously true as well.
One of the benefits of the investment approach I, and many others, choose is that it limits this market stress. Instead of the stock picking/market timing stress-inducing approach promoted by the Wall Street community, we prefer to focus on asset allocation and then satisfy this allocation using low-cost, market-tracking exchange traded funds. We get that the market is going to be up big and down big. We believe, however, that over the long run the economy and the market will produce good performance as innovation and global growth take successful companies higher.
I realize that some of you may not have bought into this approach just yet and are on the sidelines pulling your hair out. To you, I offer a piece First Understand, Then Destroy Stress by one of my favorite bloggers - none other than Mr. Money Mustache .