Our Managing Principal, Daren Blonski, was quoted in U.S. News & World Report's article, 4 Myths About Financial Advisors, addressing the myth that a good advisor should be able to consistently beat the market or perfectly time an exit from a bear market. Daren explained that investors chasing the next great investment rarely see it pay off, since jumping in and out of positions causes them to miss out on the benefit of staying invested through normal market swings. His advice: stick to high-quality, low-cost, diversified assets, and hold them for the long haul, rather than trying to outguess the market.
Key Takeaways
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Trying to consistently beat the market or perfectly time an exit is exceedingly difficult, even for professionals.
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Chasing the next great investment and frequently shifting funds usually costs investors more than it gains them.
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A disciplined approach, high-quality, low-cost, diversified assets held for the long term, tends to outperform market-timing.
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A good advisor's real value often shows up as a behavioral coach, helping clients stay steady through downturns like the dot-com bust or the 2008 financial crisis.
This is the same disciplined, long-term approach we bring to every client relationship. Learn more about our Investment Management services.
Read the full article, 4 Myths About Financial Advisors, on U.S. News & World Report.