As economic trends keep changing, markets stay volatile as well. There are a lot of factors that greatly affect the monetary value of certain products, services, and commodities; if you’re one who regularly invests assets into different industries, then you should know how difficult it is to know what’s going to happen next.
The gift of foresight is something that every player in the market wants to receive. If you’ve been managing your own assets and investing on your own, one way you could ease up the load is by working together with DC wealth management firms like Financial Brokerage Services, Inc. It’s true that a firm can’t give you visions of the future, but they can give you the next best thing: information and experience.
Wealth management firms are keen watchers of the economy and are well equipped with staff that are able to assess and analyze changes in the market which can help you keep your assets safe or find investments that can increase your net worth even more. One trend in the industry that you might want to take note of is the popularity of investing in hard and alternative assets instead of in equity markets despite the increase stocks have been receiving.
The stock market has always been a playground for investors and corporations looking for funding, but the financial crash of 2008 has made them more wary. Thus they’ve moved on to protecting assets by investing in different kinds of industries– a move called portfolio diversification. According to NYPost.com writer Gregory Bresiger:
To accommodate the well-heeled investors’ cautiousness, money managers and advisers are diversifying assets away from the bubble-prone stock market and into alternative assets like real estate, commodities and sometimes mutual funds that can short the stock market.
Furthermore, Bresiger writes that this is a trend that could last for several years since many investors avoid entering bubble-prone industries and use this strategy as a form of risk management. What they do is to look for investments that have potential for high returns and aren’t as volatile as other investments; Bresiger writes that this was a move further caused by low interest rates and the recent government shutdown.
Aside from knowing where and when to invest, firms like Financial Brokerage Services can also help you with other matters concerning your financial needs. This includes filing taxes, balancing checkbooks, and even estate planning or preparing trusts. Look to us for wealth management in Maryland, Virginia, and the District of Columbia.
(Article and image excerpt from Wealth Management Firms Look to Hard Assets for Next Price Boom, New York Post, October 19, 2013)