A Lifetime of Investing

When he was 12 years old, Peter Lazaroff received a very special Christmas gift: stock in Nike paid for by his grandmother. At the time, Peter didn’t appreciate the gift as much as he did the video games he got. As his money grew, however, Peter began to appreciate his involvement in the company whose shoes and clothes he wore.

Peter’s interest in investing continued to grow as the money from his share grew. Imagine that! Peter began reading books on investment as a teenager and had his parents subscribe to The Wall Street Journal. Before long, he was delving into periodicals and articles in college on his way to becoming a Certified Financial Planner and Chartered Financial Analyst charter holder. 

Since then, Peter has helped numerous people from all different backgrounds save, invest, and build wealth while juggling their busy professional lives. He likens his role to that of hiring a professional to mow your lawn. It may look good when you do it, but it’ll look GREAT when they do it. Plus, they won’t be tempted to skip it to go play golf. Who else can relate to that?

Staying On Top of The Market

Let’s face facts, folks: investing is complicated, and it changes every day. If building wealth were simple, everyone would do it. Luckily, people like Peter are here to help as many people as possible achieve financial freedom. To Peter, wealth isn’t owning houses or boats; it’s about being able to do what you want, when you want, where you want, with whomever you want.

Paying attention to the stock market can be a fast track to a heart attack at times. Too many doom-and-gloom TV “experts” warn us of the next big recession that’s coming any time now. According to Peter, you can put your fears to rest. Large market corrections don’t happen as often as people think, and when they do, they aren’t nearly as bad as what happened in 2008. In fact, the S&P 500 regularly drops 10% every year and 20% every three and a half years. Case in point: don’t listen to the news. Temporary losses can lead to big gains, and having a talented financial advisor is the best way to prefer to market corrections large and small.

Peter’s advice is this: start planning out your investing future today, and don’t be afraid of the market’s volatility. Bear markets generally last less than two years, but many people can’t afford to wait that out. Start planning now. Be prepared for the ups and downs of the stock market, but rest assured that if you’re working with Peter and Plancorp, you’re in good hands.