“Buy and Hold” or “Buy and Hope?”
Buy and Hold is an investment strategy that could work greatly to your benefit. But it’s not as simple as picking multiple funds, dumping money into them, and going on your way forever.
Kevin Engbers, CAP®, CEPA®, Wealth Advisor gives great insights and tips into this investment strategy. Why shorter-term bonds vs. longer term bonds? How do policy changes affect bonds? Why is timing the market futile? Why does “buy and hold” not tell the whole story?
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Pinnacle Wealth is a Sioux Falls, SD based full service wealth management firm focusing on comprehensive financial planning and the utilization of all financial tools at our disposal to work in concert toward pursuing your goals.
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We seek to reduce your financial distractions by taking care of the painstaking details, freeing you to relax, live confidently, and enjoy life. Every financial process or strategy we consider or implement should answer your questions, raise your financial awareness or reduce the number of surprises you experience. To succeed we must carefully listen and understand your financial goals, concerns and even fears and provide potential solutions.