The market has changed dramatically over the last 20 years. Standard financial products that were sold to the masses often worked in past decades. The market was simpler to understand and moved at a much slower pace using snail mail, newspapers and phone calls to get information around the country.
Today’s markets are lightning fast. Information can be sent across the entire globe in an instant which makes the markets move even faster than before. And the information age brings with it more information than most investors can handle. Investors would do well to develop a skill that allows them to separate important pieces of information from the unimportant pieces. Investors who can do this quicker than others can make more money.
HCR Wealth Advisors says that personalized investment strategies are more important than ever. The SEC-registered investment advisory firm is based out of Los Angeles, California, and has had some clients stay with the firm for more than a decade. They work with many high-income clients in order to develop personalized investment strategies that take into account a variety of different variables.
The most important variable, according to HCR Wealth Advisors, is the client’s financial goals. The firm must understand these goals before a strategy can be developed in order to make it as personalized as possible. And the firm shows plenty of transparency with its portfolio moves. This is why customers often stay with the company for generations.
HCR Wealth Advisors believes that individualized strategies may help clients navigate the volatile waters of the 2018 market. This all comes after the seas were relatively calm in 2017. The Federal Reserve raised interest rates three times in order to aid the economy. The S&P 500 also showed positive returns for every month of the year, which had never happened before.
Annual returns for the S&P 500 were over 20% for 2017. 2018 is showing more volatility with 400-point market swings. HCR Wealth Advisors helps clients navigate this up-and-down market utilizing its years of experience. HCR Wealth Advisors can help individuals capitalize on the volatility of today’s market while helping to shield against risk.
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