Peace and calmness to you as emotions dominate this present age. I am encouraged by your desire to learn and act upon sound principles of investing and financial management. I hope to visit with you soon and speak of the many blessings we hope for in your portfolio.
Blessed are those who commit themselves to the disciplines set before them. The fruits of a solid investment strategy are patience, caution, diversification, research, and purpose. Do not lose sight of what your investments represent. Let not your soul be troubled by the reports of returns from your neighbor with unaudited and unverified claims. Rather, stand firm in sound judgment, which leads to a balanced portfolio. Beware the influencer in a branded hoodie who promises fiftyfold returns through leverage and luck. In all conversations regarding finance, test the spirits and their sources of data.
It concerns me to see so much talk of building your hope upon social media stock tips. Have I not told you, the treasure you seek is not in dollars and cents, but in purpose and passion? The markets shall rise and fall, but those who sow with purpose shall inherit the greatest probabilities of success. For this reason, I have recommended you seek a financial advisor. The mysteries of the future hold challenges far beyond stock picking or diversification alone. How shall one avoid the tax collectors of the Internal Revenue Service without thoughtful planning in partnership with a qualified tax advisor? How much should an investor consider for a Roth conversion without proper instruction?
What shall we say, then? Shall we choose any financial advisor? Certainly not! My brothers and sisters, the resources you have been blessed with are opportunities to impact your family and your neighbors. An investor’s posture should be rooted in hope and faith for the future, not weighed down by fear of what may occur.
By no means do I recommend carelessness or untethered optimism, but rather joy — for to enjoy the gifts of life, love, and family, one must find peace in all allocations. Seek an advisor humble in spirit and devoted in work; one who not only claims to act in your best interest, but serves their community with creativity, humor, and clarity in teaching. Such a one will lead you down the path of true financial stewardship.
Lastly, blessed are those who stay committed to their contributions — both to qualified and non-qualified accounts — for they shall see the results of dollar-cost averaging. Continue to fight the good fight against lifestyle inflation. In all things, seek guidance, humility, and purpose. May your cup runneth over, and your joy in all seasons of investing be constant and full of hope. Amen.
Dollar cost averaging will not guarantee a profit or protect you from loss, but may reduce your average cost per share in a fluctuating market. All investing involves risk, including the possible loss of principal. There is no assurance that any investment strategy will be successful.
For a comprehensive review of your personal situation, always consult with a tax or legal advisor. Neither Cetera Wealth
Services, LLC, nor any of its representatives may give legal or tax advice.