The Oxford Club hosts regular seminars and meetings to help people figure out how much money they need to retire. One question that frequently comes up at all of its meetings is, “How much money should I have in stocks to plan for my retirement?” As with all investing questions, a number of variables go into this equation. The answer depends on how old a person is, their overall state of health, how close they are to retirement, and how far they have diversified their portfolio. At one recent seminar, however, additional information was added to this question. People who prepare for retirement should be careful about having too much money in stocks.
Hyperinflationary cycles are the key reason people can have too much money in stocks. People who lived through the late 70s and early 80s know how this worked. Many people who invested exclusively in stocks found out that their investments were worth nothing. Precious metals, gold and even real estate helped people who diversified their portfolio. The problem can happen with any one type of investment, which is why financial advisers recommend diversifying portfolios. The Aesop fable about putting all of a person’s eggs in one basket may be a cliché, but it is also true.
The Oxford Club helps people with their investment needs. It does not take the place of a financial adviser for people who are not well-versed in investing, but it can give people new ideas and things to talk about with their financial adviser. It has offered this service for many years. Some people who regularly attend the club decide to invest on their own, but this is not recommended.
The stock market has always been a risky and volatile place for investments. In many ways, it is a form of high class gambling. The people who invest in stocks keep track of prices, whether they are going up or down, and many other things. The average person does not want to do this, nor is he trained for it. Stock brokers only help people purchase stock, although online stock trading has made things easier.
Glen Wakeman is a model example of a success story. Having graduated with a Bachelors Degree in Economics and Finance from the University of Scranton in 1981 and also holding an MBA in Finance from the University of Chicago obtained in 1993, he now has a successful career acting as the CEO of LaunchPad Holdings LLC, a company that he helped to found in 2015. He’s also held positions of high regard with Doral Financial Corporation and with Nova Four. While with GE Capital, acting in a business development position, Glen Wakeman was recognized as a Growth Leadership Role Model by the company’s board of directors.
Glen Wakeman has also helped many startup businesses grow, by acting as a mentor and entrepreneur for them. Glen Wakeman has been involved in the guidance of startups and new-market entries, as well as causing exponential growth for existing companies looking for a boost in production and value. He’s revolutionized businesses with up to 17000 employees and businesses with over 15 billion dollars in assets, proving that he is capable of dealing with businesses on the most significant of scales.
Glen Wakeman has a methodology that focuses on five major aspects of successful businesses: execution, governance, human capital, leadership, and risk management. He describes these factors in a blog that he maintains and updates regularly. The blog is a goldmine of information for businessmen or businesswomen looking to expand their own small companies, or even for a regular person looking for a glimpse of what kinds of ideas and actions it takes to be person that is successful in the world of business. He is passionate about the idea of growth and innovation for businesses, and is more than willing to help out people that are looking for answers.
With his current project, Glen Wakeman with LaunchPad Holdings, LLC is focused on enabling entrepreneurs to succeed by providing on-line business planning services. They provide a roadmap for success and a clear plan for a company that is looking to expand into greatness, and are willing to work with you to make success turn into a reality.