When would my financial planner sell my investments?

I have put together a series of personal financial planning FAQ’s that have been tested to help you find a financial advisor in Montreal that is suitable for your needs, qualified, and reputable.

After all, Montreal financial management experts are not all born equal, and you deserve the very best!

These FAQ’s are sure to help you in your personal financial planning, and if you retain at least 10% of what I wrote and it helps you make better financial management decisions, then my job is done!

This session deals with the subject of: When would my financial planner sell my investments?

This is a question that you absolutely need to ask your Montreal financial management expert. Why is that? Well just think about it, most of the financial planners in Montreal were completely unqualified to plan ahead for the recent market crash. People have lost fortunes and that could have been avoided with simple but solid financial management principles.

Qualified independent financial advisors understand that market corrections are common and normal, and they must plan for it and design a system that can preserve your capital.

This might sound incredibly obvious to you, but your financial advisor needs to sell ‘before’ a market crash, not after. Yes, incredibly obvious indeed, but why is it ignored by the majority of financial advisors in Montreal?

An important financial management principle that so few Montreal independent financial advisors use, is to simply put a ‘Stop Loss’ for every investment position taken to protect against large fluctuations in the markets. Selling happens automatically in such cases, and your capital is preserved. Simple, right?

Write this down: It’s much less stressful to preserve your capital rather than try to make up the money you lost. Because, in the end, it is not what you make, but rather what you keep.

With the majority of Montreal independent financial advisors struggling to keep up with the ever changing information, you’d better make sure he sells before it’s too late!