If you’re like me, you’re probably in complete and utter shock at how quickly time flies by. This past year, a JPF colleague and I both had newborns just a few months apart. It’s amazing how quickly children grow up and what a valuable commodity time is! But as we look forward to what’s ahead, many of us start to reflect on 2016. We go back and hash out the good and the bad; we think about what we did and what we didn’t do; what we are and aren’t proud of; and how past events have shaped our current thoughts. We start drafting a mental checklist of everything we need to address in 2017. Resolutions, resolutions, resolutions! And since many of us have yet to reach our financial goals, we’re usually searching for the best place to invest money. We all strive for prosperity!
The bittersweet part of the holidays coming to an end, is what the New Year offers us — a fresh start. The chance to reset our minds and re-shift our focus towards doing what we couldn’t, or didn’t do the previous year and achieving the goals we have now set out for ourselves (even if it’s for the tenth time).
This season, you’ll find a plethora of financial how-to’s and resolution articles for 2017. But the truth is, when it comes to personal finance, no two households are alike. Unique circumstances shape our decisions and affect our income and cash flow which, at times, can limit our decisions even if the desire to save or invest is there.
The best place to invest money is in investments that protect your wealth and work towards your financial goals.
Not all financial advice works for all. Not all investments work for everyone. The best place to invest money is in investments that protect your wealth and work towards your financial goals. And the investment advice you should follow, is one tailored to your finances, goals and timeline.
Stocks, bonds, futures, annuities, real estate deals — they all carry different levels of risk, investment minimums and fees. Just recently during election day, DOW futures plummeted a staggering 800 points and began to slowly rally the following days ahead. The volatility of the stock market is definitely not for the faint of heart. The election results created panic and uncertainty amongst investors, causing them to lose money overnight. While I’m not here to say the stock market isn’t a wise option for some, it’s safe to say that it’s probably not the best place to invest money if you can’t afford to lose it.
You see, what might work for your friend or relative, may not be the best option for you. This new year, shift your focus to investments that not only offer you returns that truly grow your savings, but also secure investments that minimize risk to you and protect your financial future.
If you didn’t do so this past year, schedule your complimentary 30-minute consultation with our fund manager, to discuss your investment goals. It could just be the best place to invest money to help you achieve your financial resolutions in 2017.
To set up your appointment contact us here, or call us at 1-888-950-1143 (M-F 9am-6pm).