about the future of the stock market as well.
At Balser Wealth Management, LLC we stay far away from making predictions, which is something that we think sets us apart from the competition. See, in case no one has told you, the stock market is a lot like the typical snowflake in that no two markets are the same. So it becomes useless to try and equate what’ s going to happen tomorrow in the market using some similar scenario from the past. That’ s just a big waste of time.
Besides, by the time the scenario plays out( or is predicted) through the financial news channels or other mainstream media, everybody knows about it. So what’ s the value of that information?
Want to hear my thoughts on 2019? Well, I’ m sticking with the same theme as I’ ve stood by in years past: We’ re in a long-term secular bull market. Those individuals who sell when we experience a correction will have an extremely difficult time getting back in. The pundits in the media will be predicting the mother of all bear markets, every time the market stalls or experiences a pullback. But we’ re in a structural bull market, which means you should take a buying position any time the market pulls back.
I don’ t see that overall theme changing anytime soon.
So instead of flying off on wild predictions, you and I will simply focus on what’ s actually happening right now. It doesn’ t really matter what may or may not happen with the economy or the stock market in six or 12 months. The focus should be on what’ s happening with your money right now. And your financial advisor’ s job is to ensure that your money is invested in the right place, right now.
MANA welcomes your comments on this article. Write to us at mana @ manaonline. org.
Roger Balser Roger S. Balser is the managing partner and chief investment officer of Balser Wealth Management, LLC, with more than 25 years of experience. He works one-on-one with individuals and middle market companies to help regain control of their investment and retirement portfolio( s). Balser Wealth Management, LLC, 36873 Harriman Trail Avon, Ohio 44011,( 440) 934-3114, roger @ balserwealth. com, www. balserwealth. com Money Talks is a regular department in Agency Sales magazine. This column features articles from a variety of financial professionals and is intended to showcase their individual opinions only. The contents of this column should not be construed as investment advice; the opinions expressed herein are not the opinions of MANA, its management, or its directors.