Advisors Magazine Feature: Education, Consistency, and Discipline
“I recently had a client who wanted to spend a tremendous amount on a new house. said Adam Lampe, chief executive officer and co-founder of Mint Wealth Management. “‘If you do this,’” he said he told his client, “‘you have to make 5 percent for the rest of your life, and there’s some years in the market where we don’t make 5 percent. Understand that for you to meet your goals, one out of every four years you’re going to be down in the market, and if you’re not comfortable with that then you have to bury your money in the backyard.’
