010 – Another Step To A Better Investment Experience
Many people fear the stock market. They view it as something that works against them and not for them. But the stock market (for long term investors) can be one of the greatest tools to accomplish some of your financial goals. The financial markets have rewarded long-term investors. People expect a positive return on the capital they supply, and, historically the stock and bond markets have provided growth of wealth that has more than offset inflation. Since 1970 many bad things have happened; Arab oil embargo, savings and loan crisis, Y2K scare, Dotcom Stock crash, 9/11 terrorist attacks and subprime mortgage crisis – just to name a few. Long term investors were still rewarded when maintaining a disciplined approach. Missing just a few days of strong returns can drastically overall performance. The message is simple; knowledge = confidence, confidence = discipline and discipline = success. Are you a disciplined investor?
About the author, Scott Wellens
Scott Wellens, CFP® is an investment advisor and founder of Fortress Planning Group. After earning his Bachelor of Science degree from the University of Wisconsin-Oshkosh, Scott quickly ascended to become a Vice President of North American Sales at a major regional provider of telecommunications infrastructure. While financially successful in this role, Scott searched for ways to pursue his passion related to financial literacy and providing financial freedom for both his own family and others. During his search, Scott became curious about the significant gap he found in the financial services sector: he was unable to find a comprehensive financial planner that maintained a family stewardship lens without being attached to financial products. Scott decided to fill that gap by creating his own planning firm that maintains a strong passion for comprehensive, unbiased wealth planning that is genuinely client-centered.
Scott resides in Menomonee Falls, WI with his family. He is the father of three active and independent daughters who keep him on his toes. Scott is an active community member, serving on the Hamilton Education Foundation Board, serves as a Dave Ramsey Financial Peace facilitator and leads the All Pro Dad’s group at their local elementary school. Scott enjoys spending his free time visiting state parks with his family, reading, and watching the Milwaukee Bucks and the Green Bay Packers win ball games.