Novice Investor Advice

 In Financial Planning, Ozarks Live

Novice Investor Advice

Tip: Use different market options to manage your risk.  When stocks go down your bonds may go up.  Use different asset classes to encourage consistency in a rate of return.  For example:

I have a client that has an investment that every year, he takes his profit off that investment and puts it in a safe money account. Now, that’s been going on for years and years. Let’s use the example. He’s got a $10,000 investment. One year, it was up $1,000, so he took $1,000 out and put it in a safe account. Next year, it was not up. It was actually down, so he left it alone.

We’ve done that for years and years on a young investor, and now his growth that he has taken out is MORE than his initial investment. His risk was managing his current gains.

Watch Bruce Porter each week at 3pm on Kolr10’s Ozarks Live, Dollars & Sense

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Investment advisory services offered through AE Wealth Management, LLC, an SEC Registered Investment Adviser.  We are an independent firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives. The information contained in this material is provided by third parties and has been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed; it is not intended to be used as the sole basis for financial decisions.

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