Patterning Your Shotgun, Patterning Your Portfolio

Note:  This blog post appeared in August of last year.  Given the new highs in the market, it is a good reminder.

Mike

I apologize, I have got shooting on the brain.  Clays for CASA is just around the corner and Laura and I are looking at shooting in a couple of tournaments in Tennessee.  One of the common mistakes we make is that we don't take the time to pattern our shotguns.  Without going into a whole lot of ballistic data, a well-patterned shotgun will have almost an equal amount of pellets in all of the 4 quadrants of the circle.  Hard to imagine that a clay target could fly through that and not get broken.

Your portfolio is similar, you need a good "pattern" of stocks, mutual funds, and bonds to hit your retirement target as well.  More importantly, you need to see that pattern at least once a year, if not more to make sure that you are on target with your retirement.

If you shoot up at Limestone, bring a can a white spray paint and pattern your gun on the plate by the clubhouse.  If you want your portfolio patterned, give us a call.

Mike