Think Before You Invest


By Lisa Christiansen

Something to think about before you invest, I have a friend who is a retired Investment Advisor; he once gave his opinion to people on investments. Since he is retired and not trying to sell you or anybody else anything, I asked for him to share his investment philosophy.

The two main things I would emphasize are that not one size fits all and that you need to be proactive because you have greater interest in you than anyone else ever will. Everyone’s circumstances are different, i.e., your family, their current needs, their future needs after you are gone. Are you likely to inherit assets at some point, do you need extra dollars for your retirement, are you building toward your retirement, and so on. So, it stands to reason that while growth stocks might be good for some, others may need income producing assets. Also, one’s risk tolerance is critical, not all of us are as willing to assume risk as a reward for a greater return.

To help you with that criteria and advice toward making those important decisions, it stands to reason that you need good professional advice from CPA’s, tax attorneys, and investment advisors. Most of us have the goal of leaving as much as possible to our spouse, children, charity, etc., so estate planning dovetails into investment advice. I, like most of us, look for bargain, but here it often times is wise to pay a little bit more for good advice, rather than cheap advice. The other important point that I would make is that our government, both federal and state (also some cities) are trying to get as much of your money as they possibly can. Everything you buy is taxed (sales tax, real estate tax, personal property tax, estate tax). Most states have personal income tax, so in addition to federal tax, you pay your state for interest earned, dividends received, and capital gains tax, another reason for advice.

If you have great new wealth, maybe from an inheritance, or as some people I know who think they are going to become wealthy from a certain currency swap, don’t flaunt your wealth. Keep a low profile. You are a great target for scam artists, also for trial or tort lawyers. There are some books and services that can help you if you are in or anticipate being in these circumstances. If you have new money or are beginning retirement, perhaps you should change your life style to a calmer existence. You will enjoy life more and live longer.

Do good things with your money, i.e. charity. Do it on a consistent basis, follow your heart and always remember that giving is living. Pray for guidance, but please don’t force your belief, as this can override your mindset to where you won’t recognize happiness when you see it. Be friendly, not someone who is critical of other’s lifestyle, or views. We are all free and entitled to our own opinions.

A great quote, from George Santayana, “Those who forget the past are condemned to repeat it.” Over the years, we all make mistakes; those who remember the past hopefully avoid making the same mistakes over and over, notice what’s not working and change your approach, notice what is working and keep doing it, learn to recognize the difference. Above all THINK, each move or investment that you make should be a chess game, think 5 moves ahead, know your outcome and act with the end in mind. A survey found that 3% think; 12% think they think; the rest muddle thru life and fail to achieve their investment goals or life goals. 
May God bless you, but remember to THINK things thru and get GOOD ADVICE.

Lisa Christiansen

About lisachristiansencompanies

A U T H O R • I N N O V A T O R • E X P E R T Dr. Lisa Christiansen is one of the most sought-after motivational speakers, life coaches, and business consultants worldwide, building an impeccable record of client satisfaction in the process. A best selling author as well, Dr. Lisa Christiansen has written such inspirational titles as My Name Is Lisa; The Two Millimeter Shift; White Sheep, Blue Skies, Green Grass; 101 Great Ways To Enhance Your Career; and others, in which she sheds light on some of the biggest questions of self-empowerment and fulfillment. Among her most recent publications, Dr. Lisa Christiansen contributed to the book 100 Ways to Enhance Your Career, which features wisdom from other well-known figures in the self-help world, including Jack Canfield, John Gray, and Richard Carlson. In 100 Ways to Enhance Your Career, Dr. Lisa Christiansen shares a step-by-step process for increasing job satisfaction, gaining more from one’s career, building wealth, and taking control of one’s destiny. Aside from her numerous books, Dr. Lisa Christiansen hosts a wide variety of seminars and retreats, where she teaches her students the secret to unlocking their inner potential and living their dreams. Some of the popular events held by Dr. Lisa Christiansen include Mastering Your Wealth, Claim Your Future, and Design Your Destiny, all of which feature her intensive coaching and unique strategies of personal transformation. Her website has a wealth of additional information on her conferences, retreats, books, and other endeavors. Join the millions of people who have already revolutionized the quality of their lives. “You already know how to survive global changes in the economy, environment and political arena, now it's time to thrive and prosper at a level beyond what you ever thought was possible,” Christiansen said. “My seminar is about seizing the power within today. Press Summary: Creator of extraordinary lives, Lisa Christiansen has served as an advisor to leaders around the world for the last two decades. A recognized authority on the psychology of leadership, organizational turnaround and peak performance, Lisa has consulted Olympic athletes, world renowned musicians, Fortune 500 CEOs, psychologists, and world-class entertainers. Lisa’s strategies for achieving lasting results and fulfillment are regarded as the platinum standard in the coaching industry. Lisa captured the attention of heads of state and the U.S. Army. Christiansen has impacted the lives of millions of people from 30 countries. Lisa has been honored by Cambridge Society of Who’s Who as one of the Top Business Intellectuals in the World. Lisa has helped millions of people create extraordinary lives globally. Her expertise and guidance has enriched the lives of icons such as pop superstar Kelly Clarkson, Olympian Dara Torres, and superstar Patrick Dempsey.

Posted on October 31, 2011, in Wealth Creation and tagged , , , , , , , , , , , , . Bookmark the permalink. Leave a comment.

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