We adhere to these principals within our own portfolios and in our own lives. We hope to lead by example, and encourage clients to adopt these philosophies. We believe:
- There are no short cuts to wealth. Pay yourself first. Saving is not a punishment.
- Patience in investing is more than a virtue; it is a requirement.
- Think globally. Remember, other markets are trading while you sleep.
- Panic is not an effective long-term strategy. Plan ahead, have conviction and set goals.
- The best time to start investing was 25 years ago. The second best time is now.
- Pay your house off before you retire.
- Never spend more than you make, and save at least 10% of your paycheck.
- Know when enough money is enough, and preserve it.
- Bulls make money. Bears make money. Hogs don’t make money.
- Successful investors have an exit strategy, and know when to cut their losses
- No one ever went broke taking a profit.
- Diversify!
- Invest so you can sleep peacefully at night.
