Play the Game You Can Win
I was never tall enough to be very good at basketball. I wasn't strong or mean enough to excel in football. I was however very good at throwing and catching. By choosing the game I could win, I was able to play baseball in high school and college.
Whether it is sports, or board games, everyone prefers to win. When it comes to investing, winning isn't just more fun, it is crucial to your family's happiness. That makes it even more important to select a type of investing where you are best positioned to come out a winner.
Some games are designed to create losers and day trading is one of them. Buying and selling stocks all day trying to guess short term moves has much more in common with gambling than it does investing. That combined with high transactional costs and being tax inefficient makes it a game winners don't play.
Market timing or guessing the short to intermediate term direction of the market is another game no one is very good at winning. Shorter term market movements are driven by news that isn't out yet and emotional changes among investors. Making guesses at those things is more likely to cost you money than make you money so I recommend skipping this game.
Another game I get asked about is computer based, high frequency trading. Unless you have tens of millions of dollars in computers and New York real estate you aren't invited to play. Never let what you can't do distract you from what you can do.
What if we built a strategy specifically designed to make you a winner? Safe investments to protect short term spending needs. Diversified investments in the biggest and best companies from the United States and world to drive long term growth. Everything specifically geared to match your personal spending goals.
World Series champions don't get mad that they didn't win the Super Bowl. When you are winning with your investments you won't worry about what other people are doing with theirs. You might want to give me a call because you'll be one step closer to a winning strategy.
Investments contain the risk of loss. Before implementing any investment strategy, you should consult with an expert to look at the details in your financial situation.
