Following a great year, already with Gold being a top earner for many WAM clients, they are now looking forward to the next year.
Gold has surged in recent months due to a number of factors, the US-China Trade deal being one of them.
Aside from Gold there are plenty of other avenues of opportunity also.
VP of Wellving Asset Management notes the importance of setting yourself up financially for your future when the times are good.
Speaking with Wellving Asset Management VP Finnegan Meyers, he says the number one thing to consider when making an investment: “When you start organizing your portfolio you will want to consider how you will be spending your money after you retire. Some money will be deposited directly into your checking account; such as Social Security where as other income could be less predictable. It is always nice to get extra income you are not counting on but you must not plan on this. It doesn’t make sense to deal with a downturn when it happens rather before. With the markets performing so well right now the key is to build your portfolio now before the markets reset again.”
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