Is Your Investment Manager a Fraud, Too?

[Post Summary]

For our vines have tender grapes.
—Song of Solomon

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It's the question on a lot of minds. Could your investment manager possibly be a fraud?

You might be given all assurances your money is safe, but in your heart is it?

Surely, you are hearing about the need to diversify your wealth. So, how do you fit into the solution? What of your sovereign ability to manage your financial affairs might you increase?

Can you believe there are people who say, "Oh, I can't be bothered. Investing does not interest me." This attitude is bound to change as long as the risk of suffering a complete financial evisceration remains on the radar. There is a simple solution.

You probably agree most people trust their wealth to a financial adviser because they believe they gain investment expertise. Truth is, though, some do, but most don't. This is bad enough! Add risk an adviser might be an outright fraud and faith stands challenged.

You would think those who call themselves "investment experts" would know when your financial well-being is at greater risk and so, act to protect your interest. However, most so-called advisers fail their clients at this. They hide behind claims saying risk is "unpredictable." Truth is, however, they prove themselves incapable of the task they are paid quite well to do.

Risk management is not rocket science!

FACT: risk is risk and opportunity is opportunity, no matter what your age.

NEWS FLASH! When the stock market crashed in 1929 and in 1987 ... when 30-50% of its value was wiped out in 1973, 2000, and 2008 ... there were young and old people alike whose wealth was decimated.

Know just one thing well and you never will have to worry about your financial well-being. Just one thing. Then, you can manage your own financial affairs quite well, thank you.

All the more, too, your wealth will be secured when you know just one thing about investing. Wisdom comes with age, my friend. Surely you gain keen awareness of the difference between risk and opportunity with time and experience. Know just one thing well.

If you fear your finances are not in good hands, then take charge. You are quite capable of navigating these turbulent investment times all by yourself. Give your sovereign ability its due.

—Tom Chechatka