I just got off the phone with a new client that said, “investing is crazy complicated, I can’t keep up with the news, the numbers and all the terms, there’s just too much new stuff happening every day and I don’t have time.” I said to him, you’re right. There is a lot of numbers and news and technology that constantly feeds information to you about the markets. BUT if you’re paying attention, this one minute email will save you a decade of stress and frustration. If you believe protecting and growing your money is about more information and faster information and better devices to deliver that information to you AND that you must keep up with the latest ‘bit of info’ then you will for sure be in a constant state of overwhelmed. AND you will never actually be able to make a smart decision about your money consistently. Every time something new and shiny comes out about investing you’ll think, “That is the silver bullet”. And before you know it, you’ll be dragged down to the depths of the ocean filled with pockets of ‘silver bullets’.
Here’s the real truth. There is one thing. One piece of information that will tell you what to be in. It never lies and it doesn’t change that often. It is better than news. It is better than sheets filled with numbers. And it is better than any new iPhone App. You don’t even need to look at it every day…or even every week. Heck you might only need to look at it every month and maybe even every quarter. And the best part, it’s free. You just have to know where to find it. Get this one thing right and your future is taken care of. Miss it or disregard it and your future is possibly in jeopardy.
So enough already, what is it? It’s a price chart comparing three of the four asset classes you can invest in. Your only four choices of assets to invest in are:
Find the asset(s) that are moving up against the other two or three and you know where to place your money. I have one more for you. Examine a price chart of the S&P500 compared to an ETF, or bonds, or commodities, or currencies.
Together, we are protecting and growing your wealth,