MOSAIC FI
  • Home
  • How We Help
    • Investment Management
    • Financial Planning
    • Divorce Planning
    • Retirement Planning
    • Elder care planning
    • FAQ's
  • Our Team
  • My Mosaic
  • Resources
    • Reference Guide
    • Insights
    • Events
    • Newsletters
  • Jenifer's Blog
  • Contact
  • Think Differently

Building Confidence for the Long Term

11/16/2021

0 Comments

 
Picture

​Am I going to be okay?  How do I know if I have the right plan?  Will the investment strategy I have in place protect me from a market drop? Inflation? Deflation? Rising interest rates? Lower interest rates?  We frequently get these types of questions.
All of us need reassurance and proof that we are on the right track, especially when the world around us doesn’t make much sense and it is sometimes hard to see the path in front of us.

Building a strong balance sheet and being prepared for the future can be accomplished by a few smaller things done right.  The key to financial success is the day-to-day habits each one of us establish with regard to our money.  Regular contributions to a 401k plan, automated savings, limiting debt, establishing an emergency fund and living within our means are critically important habits.  

With respect to investment strategy, the key components include understanding our own timeline, gauging our individual tolerance for risk, and building a diversified low-cost portfolio that takes into consideration each person's tax situation and other investments we may own.  Investing for the future is a long-term endeavor.

Along the way there will be bumps in the road that none of us can control.  For instance,  inflation, tax code changes, changes in interest rates, and housing bubbles are headline news. Then there are long-tail events (about once a decade) that send shockwaves through the economy.  Remember 2008 or 2020, anyone?

If each of us can develop good habits over the long haul, stay the course with our own investment strategy, and live within our means, we are in the best possible position to build a financially secure future. 

Listed below are the three articles linked above.

https://www.dimensional.com/us-en/insights/all-time-high-anxiety
https://www.dimensional.com/us-en/insights/key-questions-for-long-term-investors
https://www.dimensional.com/us-en/insights/will-inflation-hurt-stock-returns-not-necessarily
0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    Archives

    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    February 2021
    January 2021
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    June 2019

    Categories

    All
    Career
    Charitable Planning
    College Planning
    Elder Planning
    ESG Investing
    Estate Planning
    Financial Planning
    Health Care Planning
    Inflation Q & A
    Insurance
    Investing
    Market Updates
    Professional Spotlight
    Retirement Planning
    Sustainable & Impact Investing
    Tax Advantaged Savings
    Taxes

    RSS Feed

  • Home
  • How We Help
    • Investment Management
    • Financial Planning
    • Divorce Planning
    • Retirement Planning
    • Elder care planning
    • FAQ's
  • Our Team
  • My Mosaic
  • Resources
    • Reference Guide
    • Insights
    • Events
    • Newsletters
  • Jenifer's Blog
  • Contact
  • Think Differently