Wealth of Ideas
Personal Finance Fundamentals Everyone Should Know
In This Issue
Missing Blocks
What to Do Next

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UK group creates new web site & video series.
 
Found at www.sensibleinvesting.tv   This site contains brief videos that explain different aspects of what sensible investing entails.  It's a UK perspective.  The markets and investing work the same for the UK as for the USA.  Enjoy the English accents and their clever ways of description.

The reason the vast majority of individual and so called "experts" fail to get the return of the overall market is simple.   Investing is different than most other pursuits in life.

In nearly every pursuit of life - if you work harder and smarter you will rewarded for it.   People attempt to apply that logic to investing and it doesn't work.

In investing, risk catches up to those that gamble by concentrating their money and/or making decisions based on forecasts of the future.

It's that simple - and it's not opinion - it's backed by study after study.

Our culture and media continue to propagate myths about investing.   Hope springs eternal. Because average citizens buy into these myths, they have far less at retirement than they could have had.   

These myths are propagated because millions in the financial services industry rely upon the public buying into it - including the media.
 
There is also an excitement factor.  It's exciting to think that you could "work harder, take a risk" and become a winner very quickly.
What to Do Next
 

The most important first step is to understand what is most important to you, establish goals that are in alignment.  Then choose someone that can bring a team of independent experts together and formulate the advice to make it happen.

 

That said, it is normal to want to jump right into investing.   

 

We regularly analyze folk's current investment strategy with nothing expected in return.   (We'll analyze other aspects of your strategy if you wish.) 

 

We look at:

 

  • Overall Performance (vs. benchmarks & our model portfolios)
  • Portfolio Design
  • Diversification
  • Fees & Expenses

 

Give us a call.    760-804-0910

 

Until next issue.

 

Sincerely,

John O'Reilly

O'Reilly Wealth Advisors

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