The Wealth Solution

By Dan Crimmins on October 17, 2016 in Behavioral Factors in Investing

Do you like magic? I have always been fascinated with magic tricks.

The ability to move objects from one spot to another and retrieve it from the oddest places has always intrigued me. How do they do it?

There is a part of me that is uninterested in learning the trick. I just like to watch and be mesmerized.

An interesting video from our partner Loring Ward includes some magic tricks that are quite entertaining. However, the message is that investing is not a magic trick. The key to being successful at investing is to focus on the long-term and diversify your portfolio.

When it comes to investing, it is important to stay informed and being an educated investor is an empowered investor. A helpful source is the book: The Wealth Solution – Bringing Structure to Your Financial Life by Loring Ward. It describes our process of how we at Crimmins Wealth Management use a prudent evidence-based approach to financial planning.

But not all information is the same. Today’s media and news articles are often written to sell magazines and do not offer sound advice. This book will help you understand the difference.

The magician in the video highlights how investment magazines have information that is here today and gone tomorrow. It is a fun and interesting 6 minute video.

Click here to view the video: Magic Moment

If you are interested in receiving a copy of The Wealth Solution, please email me.

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The foregoing content reflects the opinions of Crimmins Wealth Management and is subject to change at any time without notice. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that the statements, opinions or forecasts provided herein will prove to be correct. Past performance may not be indicative of future results. All investing involves risk, including the potential for loss of principal. There is no guarantee that any investment plan or strategy will be successful.