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Read the Financial Advisor if You’re Not Comfortable Reading Statements

If you do not feel you are comfortable reading the financial statements, then you can read the person that is giving you the answer. What do I mean by this?
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You may not feel comfortable with your investments or about your finances in general. It feels a little bit intimidating to ask your advisor about the average duration of your bond fund portfolio. Or asking what is the average credit rating? That question alone is a smart question.

If you do not feel you are comfortable reading the financial statements, then you can read the person that is giving you the answer. What do I mean by this?

It’s interesting, the sharper people are, the more deliberate attention they get. For example, you have a loved one that is in a nursing home that you visit every day. This suggests you are paying attention to what is happening. Somehow the care ends up being just a little bit more attentive. Or if you have a doctor in your family and the doctor shows up while you are in the hospital. The doctor asks pertinent questions of the staff. Even though staff always want to be very vigilant, there is just a little bit more attention under these circumstances. 

When you ask your financial professional applicable questions, this is giving attention to things that are important in your bond portfolio. That’s all. You are being your own advocate.

Talk to a Sharp Professional at Retire Happily

Obviously, no investment, tax or legal advice is given in this content.  Investment, tax, and legal advice is personal and private.  Investment advice offered through Versaille Capital Advisors, LLC, a Michigan Registered Investment Advisory Firm.

Retire Happily is an educational resource. Make no mistake, we are a thriving financial firm that makes money. We are a financial firm that takes new clients. But first and foremost, we consider ourselves a significant resource to the public. If you don’t feel like you have fully exploited us for all the knowledge and insights we offer, do some more research. We provide these insights through Retire Happily, a free retirement resource guide that helps people optimize their retirement funds and avoid regret by making sure they are “all set” for retirement. 

At Retire Happily, you can ask questions, watch videos and read some things. We encourage you to explore a lot of material on the site so you can get an idea of our style. You will likely get a lot of your questions answered. If you still want to talk to us; you’re welcome to contact us. We are happy to answer your questions.

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