Investing is one aspect of finances that seems to intimate most people. While the basic principle of “buy low, sell high” seems simple enough, a great deal more impacts your ability to successfully invest. But a strong investment portfolio can also provide you with financial security down the road. That’s why our team works to not only invest your funds successfully, but to help you understand how to become a savvy investor.
Unlike many other advisors, we don’t want to simply invest your funds for your and provide you with the occasional performance report. We want to support you in your own investment decisions, and help you to take an active, decisive role in building your investment portfolio. We’ll help educate you on investing based on your risk tolerance, time horizon, and personal goals, so that you can take control of your financial future.
One thing that many novice investors don’t understand is that their investment strategy needs to change over time. The farther away you are from your retirement, the more you can invest in high-risk assets; you’re better able to weather drops in the market and wait for things to turn back around. But as you near your retirement years, a sudden drop in your investment value can seriously impact your retirement plans. It’s important that, as you inch closer to retirement, you adjust your investment portfolio appropriately to express your new tolerance for risk.
Timing these changes can be difficult, but our team at Stratos Wealth Partners aim to become your partners for life. We’ll be there, continuously reassessing your investment strategy, and helping you make adjustments as needed. We’ll ensure that your investment portfolio reflects your needs and your goals at all times, no matter how close to retirement you may be.
You can find some helpful resources to learn more about investing effectively below. Contact us when you’re ready to build a strong portfolio that can help you reach your financial goals.
When Markets React
The Anatomy of an Index