When it comes to which direction investors around the nation should take, many believe that decision has largely been based upon emotion. Research done last summer cast doubt on this belief, and found that the majority of people make their investment decisions based on what they think the future for stocks will hold. With the current economic climate this country is in, many more people are unsure about which direction to take with their investments.
“There is much more to successful investing than simply being emotional or trying to predict a stock’s long-term success,” explains Brad Glickman, CERTIFIED FINANCIAL PLANNER TM Professional, and President of Bernard R. Wolfe & Associates, Inc., a company that specializes in offering wealth management strategies. “It is more involved than that, and it is important to consider factors beyond emotions and single-stock predictions.”
Here are several tips for determining your investment direction:
