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13 Personal Finance Experts Share Investing Lessons Learned to Help You Prepare for 2022

By Brian Thorp of Wealth of Geeks | Slide 2 of 16: I am Larry Sprung the Founder and Wealth Advisor of Mitlin Financial. These past few months should be a reminder to "have a plan." A financial plan is paramount to a family's financial success. During periods of volatility we often hear that investors should "stay the course", but what does that mean? Is there a course to stay without having a financial plan? We feel that there seems to be a misconception that having an investment game plan is synonymous with a financial plan, and it is not. Financial planning, having a plan, is so much more than investments and should address areas such as retirement planning, estate planning, education planning, risk management, asset allocation review, and cash flow planning.

Plan

I am Larry Sprung the Founder and Wealth Advisor of Mitlin Financial. These past few months should be a reminder to "have a plan."

A financial plan is paramount to a family's financial success. During periods of volatility we often hear that investors should "stay the course", but what does that mean? Is there a course to stay without having a financial plan? We feel that there seems to be a misconception that having an investment game plan is synonymous with a financial plan, and it is not.

Financial planning, having a plan, is so much more than investments and should address areas such as retirement planning, estate planning, education planning, risk management, asset allocation review, and cash flow planning.

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