What your concerns tend to be
You believe in investing your money for growth, and you want your money to last a lifetime, and you would like to leave a legacy. But you’re concerned with what’s been happening in the markets and what the future may hold. The issues of global recession, the effect the US debt could have on your investments, the failure of major institutions, bad economic news in the media – all cause you to lose sleep at night. All of this is creating some stress in your life, sometimes requiring you to question whether you are doing the right thing.
That’s because you “don’t know what you don’t know” about the right investments and strategies yet, and you’re still learning what’s going to work for you. You remember the “good old days” when investments made money, and you are frustrated now because you see your investments going down, and your advisor keeps saying “you need to hang in there”, but the results aren’t exactly what you want them to be, and you know you can’t keep doing the same things anymore because you keep getting the same under-whelming results. If we were really being honest, you sometimes experience self-doubt, wondering if you should be getting a second opinion.