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The eNewsletter articles on this page provide valuable information on timely and interesting financial issues across a variety of subject areas, including retirement, investments, personal finance, annuities, insurance, taxes, college, and government benefits.


Ten Steps for a Secure Retirement Plan
Four Points to Consider When Setting a Retirement Income Goal
Investing to Save Time Boosts Happiness Returns
What is the difference between a tax deduction and a tax credit?
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Ten Steps for a Secure Retirement Plan

A disciplined, patient, unemotional investment approach is required to achieve and maintain "Financial Independence" before, and during, retirement.

Here are ten investment-related steps to help you create and maintain long-term wealth:

1. Do not confuse entertainment with advice. Financial media is part of the entertainment industry and its message can compromise long-term focus and discipline, leading you to make poor investment decisions.

2. Stop searching for tomorrow's star money manager, as there are no gurus. With Capitalism there is a positive expected return on capital, and it is there for the taking. For you to succeed, someone else doesn't have to fail

3. Do not invest based on a forecast—whether it is yours or anyone else's. We recognize that the urge to form an opinion will never go away, but do not act on it because no one can repeatedly predict the future. It is, by definition, uncertain

4. Keep a long-term perspective and appropriately consider your Investment horizon (i.e., how long your portfolio is to be invested) when determining your performance horizon (i.e., the time frame you use to evaluate results).

5. Remember it is time in the market—and not timing the market—that matters.

6. Adhere to your investment plan and continue to rebalance (i.e., systematically buying more of what hasn't done well recently) rather than "unbalance" (i.e., buying more of what's hot).


7. Do not concentrate your portfolio in a few securities, or even a few asset classes, as diversification remains the closest thing to a free lunch.



 8. Ensure your portfolio is appropriate for your goals and objectives and only take risks worth taking.

 9. Manage your emotions by learning about, and acknowledging, the biases and cognitive errors that influence your behavior.

10. Keep your cost of investing reasonable.

If you are retired or nearing retirement, and are unsure how to structure your portfolio, or are unhappy with the way your investments are being handled, I will be more than happy to meet with you in order to assess whether my services may benefit you. Please call me to arrange a meeting at your convenience.







 
©2018 Broadridge Investor Communication Solutions, Inc. All rights reserved.
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 Material presented is believed to be from reliable sources and we make no representations as to its accuracy or completeness. All information and ideas should be discussed in detail with your individual advisor prior to implementation. Financial planning and investment advisory services are offered through Abbas A. Heydari an investment advisory firm registered with the State of California Department of Business Oversight. Advice may only be rendered after the delivery of  Firm Brochure( Part 2A of Form ADV), the execution of an investment advisory agreement by the client and the advisor, and the initial payment of the investment advisory fee by the client to the advisor. Abbas A. Heydari CFP® does not provide legal or taxation advice. 


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