Many attorneys possess the ability to do their own financial planning, and many do it. However, because the legal profession and the financial planning professions are labor-intensive, these lawyers may find that it’s challenging enough to stay on top of their own profession without learning how to do someone else’s. theEspecially in today’s uncertain markets, it is best to go to the experts. A certified financial planner knows what kind of investment planning works best for successful, busy people.
Reaching success in investing over the long term requires knowledge, expertise, access to information, discipline and a historic perspective. The country recently experienced a period when this historic perspective was lost to all but the most disciplined professionals. Many people who lacked the guidance of professional advice over-allocated assets to growth stocks – especially in the technology area — only to see substantial gains totally wiped out within a relatively short time.
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