UbcNews

If you’re not content to let your money sit in a standard bank account as you save for your retirement, you are on the right track to making your money work for you. But do you know which strategies are best suited to meeting your goals?

Right now, a growing trend is online trading platforms. These internet-based vehicles make investing feel more convenient while giving you a greater sense of control. Unfortunately, these are the two main factors that lead to emotional investment behavior and ill-advised decisions.

Current industry research reveals average individual investor performances lag the index by close to 3%. Basically, without a solid background in finance you can be tempted to react to market conditions datapoint-by-datapoint instead of sticking to a well-strategized plan. Before you know it, you're stuck in a "buy high, sell low" pattern that's leaving thousands of dollars on the table.

The investment advisory representatives at Goldstone Financial Group understand this cycle, and how easy it is to fall prey to our own emotions when the market is spiking and tumbling. They can help you create a personalized investment plan rooted in your goals, your time horizon, and how comfortable you are with risk. Instead of erratic or impulsive decision-making, you'll get a reliable, disciplined approach to investing built to meet your financial needs and achieve your retirement goals.

According to a recent study by Dalbar, Inc., the S&P Index averaged 6.06% between 1999 - 2019 while the average investor earned only 4.25%. This gap between investor return and fund return is attributed to - you guessed it! - emotional investor behavior.

You can avoid these types of losses by working with a knowledgeable investment advisory representative skilled in goal-oriented investment planning.

“At Goldstone Financial Group, our advisors develop goal-oriented investment plans that are, by nature, less vulnerable to market volatility and investor reactivity. We help our clients create personalized investment plans that support their eventual retirement so they can live the life they've dreamed of when they hit their golden years.”

The fiduciary investment advisors at Goldstone Financial Group will help you explore the ins and outs of investment planning in today's market. This includes a hard look at your 401(k) plans and making choices about your individual retirement accounts (IRAs, and Roth IRAs) for savings that make the most of the tax advantages you're entitled to.

Your Goldstone advisor will help you build a diversified portfolio that balances your investments over the short term and the long term.

Your short-term goals will involve low-risk, low-return strategies. The mix can include money market funds or certificates of deposit (CDs) that maintain your principle while offering higher returns than a standard savings account. Your long-term goals can accommodate higher risk. This is where an allocation to the S&P 500 might fit, as well as certain mutual funds; stocks and bonds; and perhaps real assets like commodities; equipment, and real estate.

Skilled investment requires careful consideration of your financial goals, risk tolerance, and time horizon. By working with a seasoned investment advisor at Goldstone Financial Group, you can avoid lagging fund returns, and instead yield the financial resources needed to enjoy a comfortable retirement.

Are you ready to ditch the platform and speak with a professional? Click on the link in the summary to connect with a skilled Goldstone investment advisor today.

Goldstone Financial Group City: Oakbrook Terrace Address: 18W140 Butterfield Road Website https://goldstonefinancialgroup.com/ Phone +1-630-620-9300 Email contactus@goldstonefinancialgroup.com