Are you tired of the economic roller coasters we have all been riding on for the last several
years? Most people in or close to retirement, we talk to, are. Unfortunately, no one knows when
the roller coaster may end. When it is over, we don’t know when the next one will
begin. Think about your finances for a second. Do you feel like you are on a boat in choppy
waters without a qualified professional at the wheel? Most people may feel that way right
now. People ask, “What do I do with my money?” This is the magic question. While we would
like to tell you we have the magic answer, we don’t. However, there is one way to find the right
answer, and we are going to tell you how.
Before we do, you need to ask yourself the following questions:
- Do I have too much money sitting in the bank earning next to nothing?
- Has my portfolio taken a big hit, and I’m not sure what to do now?
- Will my investments recover more or should I protect them now?
- Has my risk tolerance changed?
- Are there options other than CDs* that pay higher interest with no risk?
- Do I have too many statements?
- Do I honestly understand my statements?
- Do I have enough income coming in from my investments?
If you are concerned about any of these questions then the answer is simple. You need a clear
and concise strategy that is laid out specifically for you based on your needs, wants, goals,
risk tolerance and time horizon. This is a great way to find out exactly what you really
should do with your money! You see, a good Financial Services Professional asks a lot of
questions about you, your goals, concerns, likes and dislikes. Start by selecting the Financial
Services Professional you feel you will be comfortable with. In our opinion, this is not the
time to be working on your own. If you aren’t happy with your current professional or don’t have
one, begin by doing a little research on the internet or by asking for client testimonials. Step
two is to schedule a no obligation financial review or second opinion as we call it. Remember,
it is not all about the money. It is all about you!
