One of the biggest and typically overlooked benefits of having a long-term investment approach is the amount of time saved not having to scrutinize short-term market movements and their impact on your money. Our asset class approach is consistent with this frame of mind -- we know short-term results are random and unpredictable, so we instead focus on the ways we can enhance our wealth over a period of decades, not days. Having a financial advisor like Servo who can design a portfolio specifically for your long-term goals and implement it expertly and tax efficiently saves you the additional time of not having to research, track, and monitor everything. A few hours a year spent reviewing your progress with us, along with a few minutes every month reading Factors In Focus, and you're free to go about the rest of your life relatively free of financial worry.
This approach makes a lot of sense, of course. But does it also make you happier? A recent study suggests that it does. You don't have to read the entire thing, here is the summary:
"Despite rising incomes, people around the world are feeling increasingly pressed for time, undermining well-being. We show that the time famine of modern life can be reduced by using
What do you think? How has added free time impacted your life and well-being since hiring Servo? Drop me a line and let me know. It would make me happy :)