The Financial Planning Blog
Your go-to financial planning and wealth management resource, whether you're just getting started or well on your way to a financially secure future.
As we explored in our previous blog post, no one – not you, not your financially savvy friend, not your financial advisor and especially not the media gurus spouting investment tips – can predict the future. In fact, the free markets work because of (not in spite of) the fact that no one can predict the future. We also explored the underlying realities that make it possible to create wealth in a random and unpredictable environment. Now we’re taking you deeper into the discussion about the free markets so you can make smart investment decisions and gain peace of mind.
Investors who try to forecast, stock-pick, time the market or employ track record investing usually end up with dismal return rates over the long term. Why? Because markets are random and unpredictable. By understanding this unpredictability, you can actually harness the power of the financial markets to create wealth for yourself. Investing for the long term with an academic-based investment strategy based on your true purpose for money will help you support your life with the choices that inspire new possibilities, and build a future around what’s really important.
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