Are you disciplined with your investments?

No one can accurately predict the economy.   That means that no one can time the market, predict inflation or forecast interest rates.   During turbulent times, it is important to have an advisor or advisors that keep you disciplined.   Emotions are a big reason people make bad market decisions.   Approximately, ninety-five percent (95%) of the success of your portfolio is determined by your strategy.  Your advisor(s) should help you develop a written strategy.  This is called an Investment Policy Statement.   This statement adds discipline to rebalancing and forces you to avoid timing mistakes (essentially removing some of the emotion of investing).   For additional information, please read the attached article, “Discipline: Your Secret Weapon”.   Call us if we can answer any of your questions or if you would like to set up a no obligation investment review.  Please visit our website www.waypointstrategicadvisors.com for more information.

David Plaisance, Investment Advisor Representative