“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.