Retirement Resources President and Investment Advisor, Dave Boike, tells readers that even though no one knows for certain when the bull run will end, there are signs suggesting the end is near and encourages readers to take notice and to prepare.
Auburn Hills, MI — October 31, 2019— Dave Boike, President of Retirement Resources and co-author of The Ultimate Success Guide with Brian Tracy published a new blog post on the company website entitled, “If Blinded By The Bull Market Your Retirement Dreams Could Go Skating On Thin Ice.” Mr. Boike tells readers that now is the time to take action.
Boike writes, “Right now, we are in the thrall of the colorful and typically fairly short fall season.” He goes on to say, “It’s a dazzling time of year, and much like the excitement of a Stock Market Bull Run, we can get thrilled into believing the beauty is unending. We can get easily fooled, even though we know that winter is on the way and soon all the shimmering beauty and color will be gone.”
According to Boike, “It’s a harsh lesson to get caught in the end of a bull market.” He continues adding, “Typically stock returns in the last months of a bull market tend to be mediocre at best. With that in mind, right now is the time to recognize and prepare for the end of this current record Stock Market Bull Run.” “Of course,” he says, “no one can say with certainty when the bull run will end, but we can see signs that the market is changing. If you try to hang on in order to wring out a last bit of profit, you could find yourself in increasingly risky territory that could be difficult to get out of.”
Read the entire blog post at https://www.theretirementresource.org/single-post/2019/10/18/If-Blinded-By-The-Bull-Market-Your-Retirement-Dreams-Could-Go-Skating-On-Thin-Ice
About Dave Boike
Dave is a well-known financial educator, co-author of The Ultimate Success Guide with Brian Tracy, author of High Tide and contributing author of 21st Century Wealth. For over 30 years, Dave has been teaching investors age 55+ how to preserve their assets, increase their income, and reduce income taxes. He has taught Retirement Planning Classes at Michigan State University, Wayne State University and Oakland Community College.
For over 4 years, Dave was featured on NBC25 every weeknight at 6PM, discussing the daily market wrap-up. Many area retirees have used Dave’s advice to enjoy a financially independent retirement.
Dave is a Chartered Financial Consultant, a designation awarded only to the most experienced advisors who have completed a 10-course program of study, through the American College in Pennsylvania, focusing on Tax, Investment, Risk Management, Retirement and Estate Planning. He is an approved Member of the International Association of Registered Financial Planners, the Society of Financial Service Professionals. As a strong advocate of education, Dave recently spoke at The Michigan Association of CPA’s and is teaching a class at Oakland Community College.
Dave’s latest book, High Tide, A Practical Guide for Affluent Retirees to Protect, Profit and Prosper from the Coming Storm, talks specifically on the important challenges retirees are facing today and some new cutting-edge solutions to address those challenges. He teaches you in this easy to read book how to take the steps necessary to achieve your successful retirement.
Dave is Managing Member and Chief Compliance Officer of Retirement Resources, LLC, a Registered Investment Advisory Firm. Every year, since 2011, Retirement Resources has been awarded the 5 Star Wealth Manager of Michigan, which is only given to the top 7% of advisory firms.
This content is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of the date of writing and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources is believed to be reliable but not guaranteed. Past performance is not indicative of future results.