FINANCIAL FOCUS: Nourish your investment strategy's 'roots'

Joe Faulk

Joe Faulk

Published: Monday, April 28, 2014 at 05:16 PM.

This week, people across the country will plant trees to celebrate National Arbor Day.

Trees provide beauty, fruit and oxygen, as well as protection against land erosion. But the act of planting and nurturing trees can also guide our behavior in other areas — such as investing. 

First, consider tree growers' vision and patience when they plant saplings. As an investor, you, too, need this type of perseverance and long-term outlook.

When you invest, focus on the long term yet be prepared for inevitable short-term market downturns. Many investors hold quality investments for decades. It’s a long process, but the potential growth you seek will need time.

In addition, be aware of how tree growers keep their orchards healthy. By providing proper irrigation and taking disease-prevention measures, they help trees stay on the long path toward maturity.

Similarly, nurture your investment portfolio by continually providing it with the financial resources it needs to stay “healthy.”

During periods of market volatility, it can be tempting to take a “time out” from investing — but if you do, you’ll miss out on potential growth opportunities that may follow.

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