photo by vogliovento
With the New Year upon us it is a good time to reflect on the lessons learned from this past year. With the state of the economy at the beginning of 2009 would we ever have been able to anticipate or predict how the year would end? Or can we possibly know what 2010 will bring? Of course not. One of the biggest lessons we can take away from 2009 is the importance of having and sticking to a long term investment plan. Factors influencing the economy will inevitably vary from year to year but implementing a long term investment strategy will ensure we are not influenced by the fear and emotion of the moment and keep our end goals in sight.
Happy New Year from all of us at Paragon Wealth Management.