August 7, 2016
Why a CFP is Vital in Your Financial Plan

Why I Hired a Financial Planner

Why I Hired a Financial Planner One of my favorite Warren Buffet quotes is this, “Lethargy, bordering on sloth should remain the cornerstone of an investment style. This year we neither bought nor sold a share of five of our six major holdings.” The second richest man in the U.S. is advising us that investing should be boring. Basically he wants to remind us that the two biggest factors to achieving success, time and allocation, are both on our side. And considering his successes, mimicking his investing style probably isn’t a bad idea. For me as a CERTIFIED FINANCIAL PLANNER™, I may know the dos and don’ts of investing better than most; however, I also know the power of emotions. And when it comes to my own personal investments, I still look to others for guidance, which is why I hired a planner to handle my affairs. I sometimes need to be reminded of the goals I’ve set and am working toward achieving. So as you dive into the investing world, you want to keep in mind that when you build your portfolio, your asset allocation should match your risk tolerance and line up with your long-term goals. This is where your […]