When people talk about investments and wealth building, they refer to their retirement accounts or other private investment accounts. Investments are essentially a collection of assets inside of a portfolio. These assets may include stocks, bonds, options, mutual funds, and more.
At our firm, we help clients just like you invest their money to build long-term wealth. But there’s no one right way to invest. Which assets and investment vehicles you select depends on your financial goals and your risk tolerance level.
We want to make sure you prioritize investments to build the financial future you want. It’s more difficult than ever to keep up with inflation. Any money you keep in your savings account most likely will lose value every year. That’s not the way to build wealth.
If you want to retire, purchase a home, start a business, or send your kids to college, your financial plan needs to include investments. Putting money aside every month to grow your wealth is the best plan for building a nest egg for your future. Investing consistently for the long term also increases your chances of multiplying your wealth because of compound interest.
There are different options for investing your money, and which one is right for you depends on your unique circumstances. You can set up a retirement account and use pre-tax income to grow your assets. This money will be available to you when you’re 59 ½ or older and ready to retire.
If you’ve already maxed out your retirement savings or want to invest for a short-term goal, we can help you open up private investment accounts. We’ll help you select the assets that meet your objectives and your timeline.
If you shy away from investments because they are too risky, you’re throwing the baby out with the bathwater. While there are no risk-free investments, we can take the steps to help mitigate any investment risk you face.
When you invest for the long term, the stock market risk doesn’t need to affect you. As you get closer to retirement, we can rebalance your portfolio and select more objective aligned investments. If you’re risk averse, you can decide to invest primarily in bonds over stocks. However, if time is on your side, we may advise and/or recommend that you to have a more diversified portfolio to reap the rewards that come with it.
Yes, and so is driving a car. Not investing your money is also risky, because you can’t save enough on your own to provide for yourself when you retire. In fact, saving money is definitely risky, because your interest rate probably doesn’t even keep up with inflation. Every dollar in your savings account will be worth less each year.
It depends on your situation. We don’t believe in picking one hot stock and hoping you’ll win the lottery. Similarly, we don’t advise or recommend our clients to invest in one industry or company. Instead, we research the closest investments that meet your objectives, risk tolerance, and timeline.
When you work with one of our money managers, we help you navigate the investment world. We talk to you about the different investment vehicles and products and decide which one is right for you. To reduce risk, we make sure your assets match your risk tolerance, your portfolio is diversified, and your assets continue to perform as expected.
A money manager can help you sort through the complicated world of investing. Without a financial expert by your side, you may be unsure how to even get started. If you’re serious about taking charge of your financial future, we recommend working with someone who has the knowledge and experience to reduce your risk and improve your chances of reaching your goals.
The time to invest in your financial future is now. Don’t delay saving for retirement and building wealth. Our team is ready to help you reach your financial goals. Call us today to schedule your appointment.