Expert Contributor
The Big Investing Lie By Joe Morgan, JWM Wealth Management, Resident Since 2004
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here is a big lie that investment advisors will tell you: that volatility can be defeated.
This falsehood betrays you into paying extraordinary fees for complex products that don’t work and that you don’t need in the first place. Because you have developed a financial plan that includes investing only for the long run, meaning you won’t be using those funds bouncing around in the markets for many years into the future, temporary declines have no power to harm you. And if you’ve constructed a well-diversified, broadly invested portfolio that is rebalanced on a regular basis, all declines are temporary.
Your knowledge that this is the way it works is the groundwork for your superior temperament during these times.
The hard truth is that, while stock market returns outpace inflation over time, they must be earned. Earned by investing only long-term money. Earned by having the will to stay invested, or even ramp up your investment pace, when the markets crash and everyone is saying the world is ending.
JWM Wealth Management, LLC is a Registered Investment Advisor with the State of California and Joe Morgan is a fiduciary to his clients at all times. If you’d like to take control of your finances, schedule a call with Joe at www.calendly.com/jwmwealth. You can also learn more at jwmwealth.com.
“We listen, we educate, then we perform like no one else in the industry.” We provide home financing services, including Fannie Mae, Freddie Mac, jumbo and portfolio home mortgage products. We are a family owned business since 1979, when we pioneered the zero cost loan.
Steve Cline
Mortgage Broker and Insurance Broker Office phone - (925) 820 - 5557 Email - SCline@PreferredFinancial.com Website - www.PreferredFinancial.com
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Steve has been a Blackhawk golf member since 2003. NOVEMBER 2018
