We all know how to get better at anything – such as your job or playing an instrument or a sport.
You need to work hard and put in the time.
After 30 years of investing people’s money I have come to realize that most people do not take the time to understand the best way to make their money work. In order for you to feel secure it is important to truly understand the reasons you are taking the steps you are taking with your money and the value or benefit you perceive regarding the steps you are taking.
With that in mind, here are 3 things that most people are convinced they need to do with their money with I disagree with…
How not to invest your money
Purchasing life insurance
After your family has amassed enough savings so that you would be OK financially it is better to SAVE and INVEST the annual premiums you would normally pay for life insurance.
Creating a budget
I have heard from many people about their frustrations around budgeting.
Developing the habit of saving a percentage (10-12%) each pay check is emotionally easier to do and will not even be missed. This habit will bring you financial benefits. Living within your means with no debit will give you a feeling of freedom.
Investing in mutual funds
Mutual funds have no way of protecting you when the markets experience a sudden crash.
Working with an advisor who invests in individual stocks offers greater benefits and security. They use investing tools, like stops, which can be used and know about the companies they invest in which gives them knowledge to know if they need to take an action or ride through a down market.
Let’s have a conversation
Let’s get together, face to face or virtually. I will help you experience — and understand — how your money will grow in the world of long-term investments. Let me show you how much fun it can be!
Call me, Vicki L Wille, today at 702-878-9562. Or click the button below and…
Opportunity lies in front of you.