At Cypress Wealth Management, nothing inspires us more than helping clients turn their dreams into reality.  In order to accomplish our mission, we need to understand our client’s values and ideal vision.  It’s only then that we dig into the numbers and help them allocate their resources in a way that improves their overall sense of fulfillment and quality of life.

Letting an outsider in on your most personal financial secrets is nerve racking, so hiring an advisor is a major decision.  There must be an enormous level of comfort and trust between you.  After all, you’re entrusting them to help you successfully navigate your financial future!

That’s why hiring an advisor who is required to work in your best interest is critical.  An elite advisor will go out of his way to remove conflicts of interest and operate in a fashion that puts your needs first.  How you pay that advisor is just as important. read more »

Success can be an arbitrary term meaning different things to different people. However, all of us want to be considered successful.  Especially as an investor. For me, being successful is simply meeting your goals.  The take away form that is: you have to have goals!  More on that in a minute.

When it comes to our wealth and investing, we all invest for different reasons.  Those reasons might be saving for retirement, sending kids to college, or supporting our favorite charity. However most find that successful investing is elusive at best.  The research firm Dalbar performs an annual survey of investor returns over the preceding 20 year period and the results paint a dismal picture.

The survey shows that most investors fail to even come close to the returns generated by the market indexes themselves. For example, the most recent survey, covering 1990 to 2010, shows that the average investor earned an annualized return of just 3.83% while the S&P 500 returned 9.14% annualized for the same 20 year period.  That’s a lot of change left on the table.

Let me put this into perspective.  Say you invested $10,000 in 1990 and you are the average investor earning an annualized return of 3.83%.  By 2010, your account would be worth a whopping $21,205.  Now, lets say you are a smart investor and managed to get market like returns.  That same $10,000 investment has turned into $57,501.  That’s an incredible $36,296 of missed opportunity all because you didn’t follow successful investing rules!  That’s a lot of money and its worth taking a closer look at the rules that can generate it!

Through this series on How to be a Successful Investor I’ll be exploring the reasons most investors fail and the simple things you can do to succeed.  While there are many reasons most investors fail there are some easy things that you can do today that will make all the difference tomorrow. In investing, as with most things in life, there are a few simple things that the most successful do differently.

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