WARNING: Another Nature Related Post

Transfers can be tedious

Transfers can be tedious


OK, I know the squirrel post might have been pushing the analogy envelope, but this little alligator snapper wanted to help us learn about investing as well, seriously.  I got a call this morning from my talented and able operations/marketing manager and significant other, neither title is enough to describe all that she does to help me.  Evidently, while taking her mom to the airport, she saw a turtle attempting to go from one lake to another on a busy highway near her house.  To avoid missing the plane, Kim got her mom to the airport safely and came back to find the turtle unharmed, but still in the right lane.  Knowing that I was from Florida and experienced with odd creatures, she called me and I rushed over to help.  She kept the turtle safe, directing traffic to another lane.  He wouldn’t give up and was still attempting to cross the road when I arrived.
OK, I'll let you help me...

OK, I'll let you help me...


To make it, the turtle would have to cross six lanes of traffic and scale a concrete barrier in the median.  Clearly the turtle did not think things through.  He wasn’t suffering from any fear, actually he might have caused fear, given that his head was the same size as my fist.  But, there was no way he could change lakes without help.  Shortly after I arrived, a Virginia Beach Police Officer noticed us, and subsequently the turtle, and blocked the lane until we could help the turtle into the back of Kim’s Outback.  In very little time at all, we transferred the turtle to a new lake where he immediately swam out to find some fish.  Happy to have helped, Kim and I went back to a normal Memorial Day weekend.
Almost There!

Almost There!

So why, you might rightfully ask, is this story appearing in an investment related blog.  Here’s a retelling of the same story that, hopefully, might be helpful to you.

I got a call this morning from my talented and able operations/marketing manager and significant other, neither title is enough to describe all that she does to help me.  Evidently, while taking her mom to the airport, she saw an investor attempting to make a major change without considering the potential dangers. To avoid missing the plane, Kim got her mom to the airport safely and came back to find the investor unharmed, but still in between markets.  Knowing that I was an investment advisor and experienced in working with all sorts of investors, she called me and I rushed over to help.  She kept the investor safe, directing other investors around him.  He wouldn’t give up and was still attempting to make a major change, heedless of the danger, when I arrived.

To make it, the investor would have to beat several obstacles before completing their plans.  Clearly this investor did not think things through.  He wasn’t suffering from any fear, actually he might have caused fear, given that he was pretty scary.  Even though he was confident to do it himself, there was no way he could make this big a change without help.  Shortly after I arrived, a regulator noticed us  and blocked everything until we could help the investor try a new route.  In very little time at all, we transferred the investor to the new portfolio where he immediately began to look for some dividends to harvest.  Happy to have helped, Kim and I went back to a normal Memorial Day weekend.

Even when you are experienced, and fearless, sometimes it helps to ask a professional for help.  In this case, it was even free, but when it comes to investing you will probably have to pay for professional help.  Experienced and secure investors, like our friend the alligator snapper, may be fine handling things on their own the vast majority of the time.  But when making major changes, a conversation with your attorney, CPA, financial planner, or advisor, can help you plan for unexpected obstacles.  Investors like these, may benefit from an hourly charge just to get them through unusual situations like transitioning to retirement, selling a business, handling an inheritance, etc.  Even if you are fearless, the second half of my new book, Investiphobia – You Can Invest Without Fear, may still be helpful to you. The second half provides a detailed look at brokers, advisors, financial planners, accountants and attorneys and also guidance to help you find the right one for you. Don’t hesitate to ask a professional if they can help.  And, if your more scary than scared, try not to scare that professional away!

The book is available at Amazon for $13.99

PS. For those that really want to find flaws in the analogy, yes, if it had been a real investor with a real investing issue, I would have provided the Form ADV and Schedule F that regulators require Registered Investment Advisors give to all prospects and clients. But, the regulator/policeman that oversaw our help with the turtle was happy somebody else grabbed it by the tail!

Happy Memorial Day Weekend!

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