Common Sense Investing… The Safest Way To Travel
Issue 25 & 26
Dramatic airplane accidents are in the news again. Did you know an estimated 62,000 aircraft, mostly small ones, take off and land at the St. George Airport every year? Yet the FAA reports only two fatal accidents in the past 20 years. That amounts to one fatality for every 620,000 flights and St. George is one of the trickiest airports in the country to land at.
As a pilot, I am very much aware that when someone learns you have a plane, their first response is to tell you about some plane accident they just saw in the news. It’s a good thing all the auto, boat, motorcycle and ATV accidents don’t wind up on the front page or there would never be room for anything else. Last week I drove my family to San Diego because we had too much luggage to fly. Talk about taking your life in your hands! Anyone who thinks driving that freeway is safer than flying over it needs to come take a ride with me.
Last month a client was in my office for his annual review. We talked about areas where we had done well, and areas where I felt adjustments could be made to position his account for the future. He was pleasantly surprised at the results of that meeting and made the comment, “Please tell people that not all of us got beat up in this stock market. I get so tired of hearing that on the radio.” He is one of many who have expressed similar feelings to me in the past few months. Due to these comments I have decided to make the unique offer in the box that accompanies this article.
Like a dramatic photo of a downed aircraft, the economic drama on the front pages has left people assuming that everyone’s 401k has crashed and burned. The reality is there are many people who have weathered this storm very well. I personally have been very pleased with my client accounts during this time and would love to share with my readers what we have been doing. However, I never give specific advice in these articles because I do not believe in a one-size-fits-all solution to investing, but if you take me up on my offer I would be happy to give specific and personal advice to you – and afterwards we can talk about the wonderful world of flying. J
Dan Wyson, CFP® is author of the book “21 Financial Myths” and owner of Wyson Financial. 1173 S. 250 W #305 St. George 435-986-9525 - Securities offered through LPL Financial FINRA/SIPC.
