Video - What Can We Control?
Investments are about risk and return, but it’s the risk part of that equation that grabs most people’s attention. And risk, used in the financial sense, is the uncertainty of what will happen in future, something we can neither predict nor have any control over. But instead of thinking our investments are at the complete mercy of an uncertain future, we can focus on the things that we do have control over - we can make sure the costs of implementing any investment strategies are the lowest possible. We can use powerful diversification strategies that are intended to lower the overall portfolio risk without significantly lowering the expected returns, and we can remain disciplined and take advantage of the potential long-term returns that have been historically available in the market instead of engaging in costly and speculative strategies.
Carr Wealth can help identify the things we can control and efficiently implement them according to client objectives.