February 5, 2019
A business partner of mine called me a few weeks ago, and after catching up, learned he was heading to the small county airport nearby to sky jump. He had never talked about it, and although I shared my opinion, he disagreed with my hypothesis that the risk certainly outweighed the short feeling of euphoria caused by dropping like a stone before his parachute would open (hopefully).
Our clients often hear similar remarks from friends, suggesting that self-directing is somehow illegal, and if not, certainly dangerous. They say the safer approach is sticking to stock market solutions, reducing risk through mutual funds, and better than that, index funds. Yet, the number of IRA clients that self-direct with NuView are growing at a rate approaching 20% per year, and collectively, their asset values are growing as well.