How to tell if you are on the right track with your investments

If you have concerns about how you are doing with investments, there are a few questions you need to ask yourself.  But you must answer them honestly.

  1. Do you let paper account statements pile up on your desk without looking at them or let or electronic notices that a statement is ready disappear in your email in-box?
  2. Are you too busy to follow through on your repeated commitments to “get around to” the important task of evaluating your current investments?
  3. Do you have too much money sitting in a money market fund or checking account earning little or no interest?  (Hint:  Anything more than six months of expenses is probably too much.)
  4. Are you allowing an investment advisor to deduct 1% or more of your assets every single year even though you have not taken the time to evaluate his or her performance?

If you answered YES to any of these questions, you need to think about your approach to investing.  If you answered yes to all of them, you are in denial and need immediate intervention.

For help getting started putting your investment house in order, consider retaining an investment advisor who charges by the hour, and only does as much work as you can afford and will find useful.

Call 360 Investment Advisors at 415-453-2100 x 302 and speak to Wendy Chaney, Executive Assistant to the Principal, or send an email to  Our Principal, Andre Shashaty, is a registered investment advisor, and his coaching services are available for just $150 per hour, with no minimum account size.  Learn more about us or schedule a FREE consultation.