The Secret To Successful Investing

The secret to investing is complex. There is no silver bullet, there is no pill to take, there is no hot new stock, etc. Everyday we are bombarded by advertisers trying to sell us quick fixes to complex problems. I'm sure we've all fallen victim to the silver bullet solution once or twice before. I know that I have, more times than I would like to admit. So if there is no silver bullet, what is the secret to investing?

What Is Investing?

According to Nick Murray and his book Simple Wealth Inevitable Wealth:

“Investing is like planting a tree, you plant it in the earth, and a wonderful force of nature (compound interest) causes it to take root, and to grow. You don’t have to do much with it: the air and the water and the nutrients it needs are all around the tree, and it knows how to use them.

You don’t dig it up every ninety days to check on its progress, nothing much will have changed in that brief time and you might harm the tree. You don’t uproot the tree and store it in the garage over the winter, to protect it from what you regard as bad weather. Though it’s leaves die and it stops growing for a season, the tree itself does not die.

Even leafless, the tree is still producing oxygen, without which you and I could not live. Give the tree enough room, enough light, enough time. Then leave it pretty much alone. It will give you back air and shade and beauty as it grows and will go on doing so for your children after you’re gone”

At 80/20 Financial Services, just like the above passage states, we believe that investing should be looked at as a long term goal. Much like planting a tree.

We believe:

A goal of retiring - without a plan - is simply a plan to run out of money.
In making a goal-focused, long-term retirement plan and sticking to it and only adjusting when necessary. We act, we don't react.
Real wealth, an income one doesn’t outlive, can only be achieved through a program of lifetime investing in quality companies.
True retirement planning is aligning your investments with your retirement goals.
In following the five Fiduciary Principles.
The highest, best and most valuable services we offer are increasing your time, money and peace of mind.
Our retirement planning price is worth multiples of what a client pays for it.

The Real Secret To Successful Investing

Many people think the secret is the "right" adviser picking the "right" investments for you. The real secret to long term investing success is the advisor keeping you from making costly mistakes. That's the secret to investing.

Think of us as an insurance plan for your retirement nest egg. Except, unlike most insurance plans, we protect you before a disaster strikes, not after a disaster strikes.

You Need A Plan

A goal of retiring - without a plan - is simply a plan to run out of money. At 80/20 Financial Services we specialize in helping cooperative employees plan their retirement. We can show you how to turn your 401k and your R&S lump sum into a stream of income just like when you were working while also helping you achieve your desired financial outcomes in retirement.

If you are retired or nearing retirement, we can create a plan which will outpace inflation and accomplish any other retirement goals you might have. The consultation is free and without obligation. Contact us to set up a consultation.

For more articles about retirement planning and investing click here.

Brian Coleman/Electric Cooperative Retirement Specialist

Photo by Luke Richardson on Unsplash