Chasing Funds

“Past performance is not indicative of future outcomes” is a common phrase used in the fine print of mutual fund marketing materials.  It is an overlooked phrase investors should pay more attention.  Unfortunately, investors are attracted to funds with rising prices.  Is there another place consumers want to buy more of a product once the price increases? Their friend, family member, or coworker tells them about a hot fund and they throw money into the investment without research, risk analysis, tax consequences, or an understanding of how it affects their overall portfolio. The stakes of this “cowboy investing” are simply too high and costing unknowingly investors thousands of dollars…READ MORE!

At ACE Wealth Partners, we have a detailed process to choose stocks and funds to add value to our client’s portfolio.

Kevin McNab

This article is written by Kevin J. McNab. Kevin is President of ACE Wealth Partners, LLC and is a CFP®, ChFC®, and CRPC®. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. The views expressed in this blog post are as of the date of the posting, and are subject to change based on market and other conditions. This blog contains certain statements that may be deemed forward-looking statements. Please note that any such statements are not guarantees of any future performance and actual results or developments may differ materially from those projected. Please note that nothing in this blog post should be construed as an offer to sell or the solicitation of an offer to purchase an interest in any security or separate account. Nothing is intended to be, and you should not consider anything to be, investment, accounting, tax or legal advice. If you would like investment, accounting, tax or legal advice, you should consult with your own financial advisors, accountants, or attorneys regarding your individual circumstances and needs. No advice may be rendered by ACE Wealth Partners, LLC unless a client service agreement is in place. If you have any questions regarding this Blog Post, please Contact Us. Please read our website DISCLOSURE carefully for additional information.