newsletter
Six Resolutions for the New Year
December 2009
It’s hard to believe that once again here we are in
December with a new year just around the corner. As we reflect on the last two years, one
of the most eventful two years in our market and economic history, we think it
would be good to add the following six resolutions to your New Year’s
Resolution List:
1. Get out and stay out of debt
Ø Pay off your credit cards every 30 days.
Ø
Do not buy any wasting assets on credit.
2. Live within your means
Ø
Have a budget and stick to it.
3. Be mindful of the need to focus on what you can control
Ø
Since we don’t have control of the
national debt or unemployment, don’t let the negative economic news upset
your mental attitude.
4. Set goals
Ø
Establish short term and long term goals and
post them where you will see them frequently.
5. Pay yourself first
Ø
Save a part of everything you earn.
6. Have
a sound investment program
Ø
Be sure you have adequate diversification,
proper asset allocation, and be globally invested.
Of course most of our clients are already doing these things, so you might pass this on to family or friends as six simple rules to help them get on track and stay on track.
Over the past two years, we’ve talked to most clients about their portfolios. If we’ve missed you for some reason or you would like to discuss your investments in more detail, we are always available to meet with you.
We want to thank you for your continued trust and confidence and wish you a healthy, happy and prosperous New Year.
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Dr. Mark Mobius has started a blog. If you would like to follow his blog please go to -
http://mobius.blog.franklintempleton.com
Mark Mobius, Ph.D., is executive chairman of Templeton Asset Management, Ltd. He directs the Templeton research team based in 15 global emerging markets offices and manages emerging markets portfolios. You may recognize him as the lead portfolio manager on the Templeton Developing Markets Trust fund.
After more than 30 years in global emerging markets, Dr. Mobius has received numerous industry awards, has written several books (some of which we have available in our office library), and in 2006, Asiamoney magazine listed Mobius as one of the “Top 100 Most Powerful and Influential People.” Asiamoney stated that Dr. Mobius “boasts one of the highest profiles of any investor in the region and is regarded by many in the financial industry as one of the most successful emerging markets investors over the last 20 years.”
We have followed Dr. Mobius for many years. This blog is a rare opportunity for individual investors to get close to a mutual fund manager and be exposed to the type of commentary we are fortunate enough to hear on a regular basis.
Securities
through KMS Financial Services Inc.
520.884.7550
jpw@financial-architects.com brienne@financial-architects.com
3971 E. Paradise Falls,