Finding the shortest and safest route to any of your dreams requires planning and only with a carefully thought out financial plan can you be sure to make the most of your resources and to protect against risks along the way. At Worby Wealth Management, Chris will do his best to help you achieve those dreams with a financial plan that is tailored to your specific needs and based on your individual situation.
Let TRUSTED REGINA's FINANCIAL ADVISOR Chris Worby from Worby Wealth Management help you live your dream!
Time for Risk?
As we near the middle of the 2013 RRSP season, I have one piece of advice: take a look at downsizing your risk.
The interesting part of this cycle to me is that market is high again. The Dow Jones and S&P 500 are at levels not seen since before the crash of 2008. So here’s the question:
If we know the market high of 2000 was a bubble, and we know the market high of 2008 was a bubble, and we find ourselves in the same place today, what do we think this is?
It’s kind of the old, ‘If it looks like a duck and quacks like a duck…’ question. The next question though is if it’s a cycle and we do exit, when do we get back in?
I think a good exit strategy also comes with a good re-entry strategy. “When ‘x’ happens, we’ll do this.” It automates your ideas in advance, when you are rational and able to make a decision rather than when things are difficult and a person’s biases may come to bear on the process.
I heard it said well once, “Amateurs think about tactics, professionals think about logistics.” Make sure you’ve got a pro on your side!
Call Chris Worby at (306) 757-4747 ext 226 or on his Cell: (306) 737-2909. Check out his listing on the Regina Directory in the REGINA FINANCIAL SERVICES category . Chris is a Trusted REGINA FINANCIAL EXPERT
