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Take Charge of your Financial Future

Most people invest in order to reach long-term goals, like retirement. But what’s the best way for people to invest? Should they manage their own portfolio of funds, or have it managed for them? 

This is a question that we’re often asked, given that we have different ways for investors to use our Upgrading strategy.

We publish the NoLoad FundX newsletter, which helps investors use Upgrading to buy and sell funds in their own accounts. That’s the DIY option. For investors who don’t wish to do it themselves, we buy and sell funds for private clients in their accounts, and we manage portfolios of funds for Upgrader Fund shareholders.  

There’s no ‘right’ answer to this question. It’s ultimately a personal decision --what works for one investor may not work for another. But it’s worth taking some time to consider which one might work best for you. 

Find What Works for You

Some investors focus solely on performance, asking, “Will I have better returns if I manage my own portfolio or if you do it for me?” While performance is certainly important, it shouldn’t be the only consideration.  

You’ll want to consider whether you enjoy investing and how much time and interest you have to devote to it. After all, investing is a long-term commitment. If you hope to retire in 30 years, then you’re looking at managing your portfolio for decades, through up and down markets and through your personal ups and downs, like career changes, marriage, divorce, or parenthood.  

Many people have no problem finding time to manage their portfolios. They enjoy investing, and they like monitoring their portfolios and deciding what trades to make. It allows them to have complete control of what they own at any time. As one investor told us, “It’s fun!” But others find that they want to spend their golden years taking extended vacations and spending quality time with their families without having to worry about what’s happening in the market. 

Another consideration is your temperament. As famed investor Warren Buffet explained, “The most important quality for an investor is temperament, not intellect.”  Over long-term periods, like 20 years, stocks have had good gains, but in order for investors to participate in those gains, they had to stay disciplined through some very difficult market conditions. They had to stay focused on their long-term goals in the face of short-term volatility. This can be challenging, and it’s one reason why some people opt to have their portfolio professionally managed rather than trying to go it alone.   

Upgrader Funds Offer Another Path

The Upgrader Funds are another way you can have a professionally managed portfolio of funds. Both our private clients and Upgrader Fund shareholders have seasoned professionals managing their fund portfolios and working to keep these portfolios invested in a diverse mix of funds and ETFs that have had strong recent returns.

Upgrader Fund investors have direct control of how much they allocate to a particular Upgrader Fund. They can build balanced portfolios by pairing the Upgrader Fund (FUNDX) with the Flexible Income Fund (INCMX), for example. And they also choose how much of their account is invested in the Funds. Some shareholders use the Upgrader Funds entirely, while others may use FUNDX for their stock fund exposure, while they manage their bond fund portfolios on their own.  

Don’t Let the Decision Hold You Back

Deciding how to manage your portfolio is an important step toward taking control of your financial future. But you don’t want to spend years out of the market while you’re making a decision about whether to manage your portfolio or have a professional do it for you. If you feel stuck, remember that you can change your mind. We have clients who started out with our do-it-yourself newsletter and then eventually decided that they preferred to have us manage their fund portfolio for them. We’ve also talked with investors who have chosen to manage part of their account on their own and they’ve invested the rest in one of the Upgrader Funds that we manage. It’s up to you.  

If you need help or want to discuss your particular situation with a portfolio manager, please give us a call us at 1-800-763-8639. We’re here to help. 

Diversification does not assure a profit or protect against loss in a declining market.

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