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Molotskys on Money
Ask the Expert: The SHM Financial Group
As many of you know, I’ve been in practice since 1958 and my partner and son, Lee, has been
working with me since 1984—that’s quite a few years in this profession. The two-part question
we have used to help clients is as follows: Would you buy the same assets you own right now if
you didn’t own them? If you can’t answer yes—then you answered the question.
working with me since 1984—that’s quite a few years in this profession. The two-part question
we have used to help clients is as follows: Would you buy the same assets you own right now if
you didn’t own them? If you can’t answer yes—then you answered the question.
The second part of the question we ask people is simply: Why do you own what you own?
If you can’t explain your investment strategy in simple terms and in the length of a short
ride—you probably should not own it. If you can explain your investment strategy to a 13 year
old, you’ve simplified it enough to know what matters. When you can do that, the market noise
and hype will disappear and you’ll be left with a clear plan for why your money is where it is and
what will make it grow.
ride—you probably should not own it. If you can explain your investment strategy to a 13 year
old, you’ve simplified it enough to know what matters. When you can do that, the market noise
and hype will disappear and you’ll be left with a clear plan for why your money is where it is and
what will make it grow.
This is the time in the investment cycle to get that second opinion. The SHM Financial Group
has provided financial counseling and help since 1958, so let us know how and when we can be
of assistance.
has provided financial counseling and help since 1958, so let us know how and when we can be
of assistance.
The SHM Financial Group
Voorhees
(800) MONEY-SHM
SHMFinancial.com
Voorhees
(800) MONEY-SHM
SHMFinancial.com
