Savvy investors know that the way to reach their financial goals is to take the long-term approach.
But with the strong economy we've seen in the past few years, many investors thought they found a shortcut by chasing hot funds. When you've experienced the strong growth we've seen in recent years, it's easy to forget why chasing after performance is bad and sticking to fundamental principles is good. In today's volatile markets, that reminder is becoming abundantly clear. Instead of simply following hot stocks, many investors are stepping back and taking a second look at their investment strategies. Time and Expertise Is Key Handling significant assets and ensuring that they're preserved for future generations take time, expertise, and guidance.