1 fiduciary

   noun               fi·du·cia·ry             \fə-ˈdü-shə-rē, -ˈdyü-, -shē-ˌer-ē\

  1. one often in a position of authority who obligates himself or herself to act on behalf of another (as in managing money or property) and assumes a duty to act in good faith and with care, candor, and loyalty in fulfilling the obligation.

Uncertainty

We said a few weeks ago that volatility in the markets was getting all the press and that there are bigger issues in front of us.

Uncertainty is the name of the game. We get the latest news, but with no hint of where things go from here. I believe the news is a distraction for the long-term investor, which should include all of us.

Warren Buffet says that the ideal holding period for a stock is forever. For the long-term, diversified investor looking to fund the last third or quarter of their life, what happens today or next week is of no real concern. We take heart in the long-term results for the types of investments we have in our portfolios. The longer we hold a diversified portfolio, the closer we get to its long-term historical return. Regardless of what happens in the next few weeks, those that continue to exercise patience and discipline should take comfort in and expect long term success.

All written content on this site is for information purposes only. 
Opinions expressed herein are solely those of Bob Stowe, Principal, Stowe Financial Planning, LLC, and his editorial staff. 
Material presented is believed to be from reliable sources and we make no representations as to its accuracy or completeness.
All information and ideas should be discussed in detail with your individual advisor prior to implementation. 
Fee-only financial planning and investment advisory services are offered through Stowe Financial Planning, LLC, 
a registered investment advisory firm in the states of Texas. 
The presence of this web site on the Internet shall in no direct or indirect way be construed or 
interpreted as a solicitation to sell or offer to sell investment advisory services 
to any residents of any state other than the state of Texas. 
We are legally empowered to provide investment advisory services only to residents of Texas.
Copyright Notice All rights reserved. 
All material contained herein is copyright protected and may not be reproduced
 in any manner without the express written permission of the copyright owner. 
1 Source: http://www.merriam-webster.com/dictionary/fiduciary

Website Design For Financial Services Professionals | Copyright 2020 AdvisorWebsites.com. All rights reserved