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In today's show I give you my thoughts on the broad sell-off that occurred in the financial markets last week. If you need proof that this broad sell-off is nothing new then read an article that I wrote back in October 2002. (click here for a copy) In the article I let readers know that diversification and not letting their emotions get the best of them is the secret to long-term investing. I think it is very interesting that I wrote this article right before the market completely turned things around and we have been reaping the benefits of that bull market (2003-2007).
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I can not believe that it is already 2008. A new year can represent a fresh start for many. I know that many out there have made financial resolutions and I want to be a resource to help you reach that goal of financial independence. Let's talk about some of the big areas that may need attention and I will also add in links and articles that support my thoughts.
Brian Preston, CPA, CFP®, PFSCertified Financial Planner, Wealth Manager, Media Personality, and Blogger/Podcaster
In my day job, I'm a partner in a fee-only wealth management and financial planning firm, Preston & Cleveland. After hours, I pursue my passion: financial education through blogging and podcasting.
Going "beyond common sense", my blog and podcast bring you the tools and information you need to restore order to your personal financial chaos.
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[The perfect amount of money to leave children is] enough money so that they would feel they could do anything, but not so much that they could do nothing.
— Warren Buffett
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