Is Your Investing Like This Ladybug?

Does investing risk keep you stuck in the same place instead of moving toward your money goals? Last week I noticed this cute lady bug when I was on my morning walk; two days later, I was surprised to see that she was in the same spot! Do you ever feel that your money is in the same spot that it has been in for a long time?

There are two common reasons for money to be stuck in the same place. First, investing risk keeps many people from ever taking the necessary action to actually invest their money. The thought of losing their money keeps them from taking that next step, whether this is to hire a financial advisor or invest in a mutual fund.

The second common reason investors don’t see growth in their portfolios can be from buy and hold investing during a period when it just isn’t working because they fear changing their strategy. There are times when the buy and hold strategy has worked great, such as the during the 1990’s decade, but there have been other extended times when buy and hold has resulted in little or negative return, such as the first decade of the 2000’s.

Don’t let investing risk or the wrong strategy keep you from reaching your investing goals. Get the financial education you need to take the right steps to move forward capturing the best return within your acceptable risk level. Don’t be stuck like the ladybug; become a financial woman!