Before you invest, DO NOT fall prey to investment ‘hype’ such as past performance or a fund managers ’skill’.  Instead, first know what you want to achieve and then use investment strategies and a policy statement that guides your investing in good times and bad. Keep costs low, rebalance and stay focused to achieve success.

As the new year approaches and stock picks galore are posted on websites, magazines and television shows, remember the basics of investing.  This video will also help us learn why so many investors and professionals receive abysmal returns and always seem to be making the wrong moves.

As with anything going on there are always two sides to every story.  When it comes to investing that is especially true.  So many people are afraid of Inflation but there is still a strong case for potentially Deflation (things becoming worth less money).  In order to protect against either situation that occurs, you must build and structure your portfolio to account for either move.

Watch the video to see Bryan and Jim Winkelmann battle it out.

The worst way to potentially destroy your wealth is to invest in individual stocks. While there may be some people who (for themselves) can pick winners and etc, the vast majority and especially large mutual funds CANNOT pick winners consistently and predictably.