The stock and bond markets can be an unsettling and confusing environment. Every day there seems to be a new crisis that can create hesitation to act. However, emotion is an enemy to investment success. We will provide the fundamental concepts needed to make informed decisions based on your needs and your goals. You should be able to lay your head on your pillow at night and feel comfortable about how your money is invested.
You may have heard the concept of long-term investing, but what exactly does that mean? “Long-term” is not three weeks from next Tuesday, nor is it 25 years. Generally speaking, investment recommendations for a long-term strategy are typically 3 to 5 years. This will smooth most rough spots relative to anticipated investment pressure that can happen inevitably in a 3 to 5 year strategy, such as a market correction or two, a global crisis of some kind, a presidential election, a bull market, a bear market, economic expansion, and economic contraction. This does not mean that we “set it and forget it”; periodic monitoring is important.
PLEASE NOTE: “These are the opinions of Thomas D. Foy, Jr. and not necessarily those of Cambridge, are for informational purposes only, and should not be construed or acted upon as individualized investment advice.”