A well-conceived and concise investment philosophy is widely held as crucial to investment success.
It may be even more important than an investment strategy, as your investment philosophy is the precursor of your investment strategy. Investment strategies may require adjustment with changing personal circumstances and market conditions, while your investment philosophy keeps you focused on your long-term objectives.
Investment professionals are often turned to for guidance on wealth plans. However, if you are a high-net-worth individual or family it’s likely that your financial situation is more complicated than the average, which means there are times your investment professional may wish to engage specialists on your behalf.
True or False: Investing in passively managed funds *always* costs less and is lower risk than investing in actively managed funds or portfolios. The correct answer is false – passive investing can be not always lower cost and lower risk, and in fact comes with its own set of risks.
You need to know about these passive investing risks before you choose to invest in index mutual funds or passively managed exchange-traded funds (ETFs) over actively managed funds or personalized investment portfolios. We highlight some of the most important passive investing risks you should know.
An annuity can help you turn a portion of your savings into regular income payments, providing you with a steady stream of income during your retirement years. Learn about how annuities work, the different types of annuities, and how annuities can work for you in your retirement.
Watch M. Paul Bloom, CIO at Bloom Investment Counsel, Inc. review Q3/22 and share his thoughts on investment markets for the remainder of 2022.