Turney Wealth Management
Investing your money in the stock market is a tricky process. The performance of a stock will change as time goes on, so in order to prevent losses, you’ll need to invest in the right stocks at the right times. And, if you want to do that, you’ll need to do your research and/or seek help. If you work with a financial advisor with a more “active” wealth management approach, they may be able to help you. But, what does “active” money management mean, exactly?
“Passive” money management refers to a method where you don’t have a person actively looking after your investments. Now, this might work fine over longer stretches of time, but it comes with a higher risk. “Active” wealth management, on the other hand, involves someone advising you on how you should invest. As we said, hopefully in the right places at the right times. They do this in order to hopefully get you more long-term success. We not only have an “active” approach, but we take it a step further by checking up on you regularly.