“October. This is one of the most dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.”
– Mark Twain
Great advice! How can you tell if your money manager is speculating with your savings?
Some dangerous red flags:
- Is there a high turnover of the stocks inside your mutual funds?
- Are recommendations being made in reaction to the market conditions?
- Is your manager generating forecasts of the future to justify buying and selling?
- Have your costs gone up as your fund balance has gone down?
Educate yourself!
Do you have a sense that you are getting charged a lot for poor performance? Take a little time to learn how investing works. It’s easy to understand and there is no cost to you. Find out how to measure performance and evaluate if you are getting what you should be from your investment strategy.
Attend a free seminar “Separating Myths from Truth: The story of investing”
Date: Thursday, November 19, 2009
Time: 4:00 – 6:00 pm
Place: our office – 3300 Eagle Run Dr NE, Grand Rapids, MI 49525
RSVP: call 616-458-6480
