By: Oxana Saunders
One of the biggest challenges related to managing our money is figuring out how to preserve and grow our capital. These decisions are often influenced by personal biases and past financial mistakes or bad experiences we might have had. They can lead us to avoid investing in financial markets and only focusing on capital preservation by keeping money in savings accounts or CDs. This type of bias also leads to failure to realize the power of compounding interest and what it means for our investments long-terms.
The article from online magazine The Balance, linked below, elaborates on these issues.
If you are struggling to overcome negative biases associated with investing, please call us for a free consultation. We can walk you through investment strategies that may help you overcome simple obstacles that get in the way of your investments.
Oxana Saunders is the Vice President of Path Financial, LLC. She may be reached at 941.894.2571 or firstname.lastname@example.org