Expert Retirement and Finacial Advisor Mark Kinney Says Understanding These 3 Investment Myths Could Help Strengthen Investment Strategies
Seasoned retirement and financial strategist, Mark Kinney, demystifies some common investment myths that could limit your investment potential.
Lee, Massachusetts—April 7, 2016—Founding partner of Toole, Kinney & Company, Inc., Mark Kinney, CFP®, published a new article entitled, “3 Investment Myths Demystified.” In the article, he offers insights to new and old investors alike, hazarding them against investment myths that are often touted as conventional wisdom.
Regarding the investment myth “Always do what you’ve always done” Mark states,
“A common theme I encounter in my practice for those approaching retirement with accumulated assets is the assumption that they should continue to invest the same way during retirement as they did while employed. This couldn’t be further from what experience has confirmed. Investment and tax strategies used to effectively protect and distribute wealth are inherently different than those used to accumulate wealth. More specifically, attempting to invest for growth in hopes the annual appreciation will be sufficient enough to support annual income needs has been found to be one of the key reasons many are prematurely depleting their retirement assets.”
The entire article can be found HERE https://www.kinneywealth.com/3-investment-myths-demystified/
About Mark Kinney:
Mark D. Kinney, CFP®, has been advising clients for close to 30 years on how to maximize their retirement income in a sustainable, repeatable, and verifiable manner, while minimizing risk exposure to the daily turbulent financial markets. His keen insights into conservative and income generating investment options have been invaluable to those approaching or currently in retirement.
In addition to his decades of experience and financial know-how, he held Series 7 and 63 FINRA Securities registrations for over 25 years, holds several insurance licenses, and has held the Certified Financial Planner ™ (CFP®) designation in good standing for 20 years. After successful careers with a number of reputable financial institutions, Kinney established Toole, Kinney, & Co., Inc., in 1999. Kinney has been cited on such national news outlets and financial publications as CNN.com, Fox Business, NBC, Wall Street Select, and The Miami Herald.
Mark remains active in several area charities, has participated in several marathons, including the Boston Marathon in 2013 and 2014, enjoys all activities outdoors, and currently lives in Stockbridge, Massachusetts.