Your Financial Plan: Act with intention; be deliberate

Without question, one of the greatest mistakes many investors make is jumping into the market without a clear roadmap of where they want to go and how best to get there. Investing money can be a very empowering meeting, probably not too dissimilar to putting a big bet down on black 24 on the roulette wheel - it can create a real rush. And that is exactly what investing without a clear financial plan is - little more than rolling the dice. Just like the gamblers in Las Vegas, you are likely to lose the investment game unless you have a good plan. A good plan gives you the best chance of meeting your financial objectives, whatever they may be.

At MCA we always start with a plan. It doesn't have to be a complicated plan, but must always start with a clear mutual understanding of our client's objectives. Once we are on the same page we move into the next phase of our client relationship - creating the correct asset allocation based on the directives of the plan.