These days it seems there is almost too much to think about when trying to manage assets for the long run. Let's forget about the traditional problems retirees deal with for a minute.
Whether we like it or not, the financial landscape has and will continue to change dramatically. The source of my thoughts here is an article written by Michael Casey Jr. in the Wall Street Journal. In the article he talks about the changes in expectations and investment strategies that will be in order for generation Y to accumulate wealth.
Now, there's more here than just and article you should pass along to your children and grandchildren. You should most definitely do that. But isn't it also relevant for anyone challenged with the task of appropriately managing personal assets for 20 or 30 years… or possibly longer?
Indeed it is. I encourage you to read the article here.
Mr. Casey gives three major points of consideration that show the cards are stacked against the average investor playing the U.S. equities markets.
1.) Equity trading and investing is increasingly an algorithmic game where traditional investment strategists are now in the minority.
2.) As baby boomers transition to more fixed investments and guaranteed products, the demand for domestic equities will decrease.
3.) The U.S. is no longer in a dominant position of being able to dictate a wide variety of global economic terms.
These and many other related global factors show us that no matter what happens we will have to get used to dramatic changes in how assets will be managed for maximum profit. That includes you, me and everyone we know.
Is there a chance that policy makers will make the U.S. competitive again? Let's hope so, but we already know not to count on that. So, now is the time to do all you can to make assurances where possible.
Please read Mr. Casey's article and feel free to send a comment my way if you'd like to share a thought or two.
As always, I can be reached by phone or email. Have a great week!
Bryan J. Anderson
800.438.5121 [email protected]