Forestry Investment – A consortium of financial professionals has issued some advice for hesitant investors during economically troubled times. With the Dow Industrial having just announced its worst performance since the Depression of 1930, investors are understandably uncertain about where to place their money. However, alternative investments – such as forestry – can be just what such investors need.
The consortium consists of Mike Flower, an independent financial professional with American organisation Financial Principles, along with nine fellow registered representatives affiliated with Securities America, Inc., one of the USA’s largest independent broker/dealers.
The very first piece of advice issued by the consortium was to look to the long-term, which of course forestry is all about. “When we identify which assets are earmarked for each goal and examine the history and recovery period of bear markets, investors with a long-term horizon should find some reassurance,” said Patricia Hinds, Personal Wealth Manager for Granite Financial in St. Cloud, MN.
Smart investing in troubled times is all about returning to basics. A volatile market should not cloud investment goals. Rusty Cagle, President of ASE Wealth Advisors in Greenville, SC, advises looking for alternative investments that are less vulnerable to the fluctuations of the stock market, and forestry investments fit the bill perfectly.
According to Cagle many well-run pension funds have an allocation of 15% to 22% in alternative investments such as real estate, venture capital, and timber.