So, I’ve been having a lot of conversations with clients recently about what’s going on in Washington, why is there so much volatility in the market, and how is this going to affect my money? There is a lot of uncertainty out there, but the reality is there will always be uncertainty. There is always something happening that will cause concern. 

Because there is always some uncertainty, we must have an investment process that is designed to weather all the storms. This brings us to a conversation about risk. Why are we doing this in the first place? Why are we taking risks? Why aren’t we just stashing the money in our mattress and save it? The reason is because our purchasing power is being eroded. This basically means that inflation is occurring, and we have to out-pace inflation. That’s why we take risks in the first place. Otherwise, why would we take the risks? It’s important that we have a process in place to stay invested, because there is no way to time the market successfully and regularly. There just isn’t. There is no way to do it. 

So, I’ve figured out that there are 3 groups of investors out there. First, there is a very small segment of investors that understand that you can’t time the market. They understand that there is a lot of volatility, and they can separate the emotion from investing. There are very few people who are capable of this, but they are out there. The second group thinks that they have the ability to time the market. They don’t think they are going to make a big mistake when the market sells off, but they always do. No matter how much time I spend talking to this group, trying to help them understand, they’re never going to believe me. This group thinks they can time the market, and there’s really nothing I can do about it. The third group is the group that understands there is going to be volatility, they understand they must take the risk, but they also understand that they don’t have the ability to separate the emotion from investing. This is the group that we are here to serve. 

We work with people in the third group to figure out what your goals are, what you want to do, what you have set aside to do that, and we help you invest your money so that you can have a high degree of confidence that you’re going to accomplish your goal. We do all of this with the understanding that there will be market ups and downs. This group of people that we want to serve understands that there will be volatility, there will be ups and downs, and that they can’t do it themselves. You are the people we are here to serve. 

So, if that’s you, give us a call. The first thing we do is sit down with you, have an informal conversation about what your goals are, what you’ve saved so far, and what you’re planning to save. We will help you figure out if you’re on pace to achieve your goals, and if you have a high degree of confidence in reaching those goals. If you don’t have a high degree of confidence, we can help you figure out what needs to happen in order to get you there. 

Give us a call or schedule a meeting with us at the link below. We look forward to helping you.

-Dan Shepard 

(816) 607-9188

Schedule a meeting: https://www.oakroadwealth.com/contact/

Watch our latest YouTube Video: https://youtu.be/xDYZCUVwrlQ