What to Expect from Coaching

A good coach will always focus on the fundamentals and will never stop stressing fundamentals

Top performers are masters of the fundamentals. We understand that if you know the right things about investing, you don’t have to know everything.

A good coach understands the power of habits

Many investors are plagued by their own destructive habits, or the destructive habits of those managing their money. Mistakes are expensive and usually habitual. We’ve all heard the saying that the definition of insanity is doing the same thing over and over, expecting a different result. Bad habits don’t get better over time; they just become more ingrained. The good news is that habitual mistakes can be virtually eliminated by following a sound plan based on the time-tested work of Nobel Prize winning economists and by refusing to speculate with your portfolio.

A good coach helps you master your emotions

Sure, you’ll have ups and downs. A good coach helps you not be fooled by market confidence (greed), or market pessimism (fear), and to harness up and down markets to your advantage. When you learn to manage your own emotions, you can profit from the emotional roller-coaster of markets instead of being run over by them. You’ll learn how emotional discipline helps you profit from the mistakes made by others without lifting a finger.

A good coach helps you develop your strategy

Early in our relationship, we coach our clients to develop their own investment philosophy. Ask someone their philosophy on religion or politics and they are very quick and clear on exactly where they stand, but if you ask the same question about their investment philosophy, it is usually random and very vague. A good coach will help you develop a clear investment philosophy and help you remain true to that philosophy.

A good coach helps follow your strategy

Early in our relationship, we coach our clients to develop their own investment policy statement. Your investment policy statement is your plan to implement actions consistent with your investment philosophy. After all, we all know the way to lose weight is to eat less and move more. Knowing that, why do so many people struggle with their weight? It takes more than knowing how; coaching will help you implement your investment philosophy and stay the course.

A good coach will begin right where you are, assessing your strengths and weaknesses

Are you working with a traditional planner, broker, rep, or are you working with a coach? If you’re not sure, or even if you are, you’ll discover a lot about yourself by taking the Investor Quiz and answering the 20 Must Answer Questions. The answers are all yes-or-no. Our scoring system will not only reveal whether you’re working with a coach, it will tell you what kind of investor you are.