Knoxville financial firm offers stable options in current unpredictable market

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(via COMTEX News Network)--

KNOXVILLE, Tenn. / When Trae Wieniewitz, owner of the Knoxville-based financial services company, Wieniewitz Financial, began his career over a decade ago as a traditional broker and financial advisor at a Fortune 500 company, he learned the system just like everyone else. When investors werent satisfied with their current CD and savings rates, financial advisors, like himself, suggested they put their money into the stock market. When he broke away to start his private practice seven years ago, Wieniewitz began to see that this traditional route was flawed for many investors. Frequently, investors diversify their money in the market to achieve what the financial industry has deemed as a sense of safety. But when the market corrected in 2008, Wieniewitz claims he failed to see a single diversified portfolio that didnt lose money.

If you buy a number of different mutual funds and the market goes down, you lose more in some and less in others usually, Wieniewitz says. But none of that stock market money is principal protected.

Wieniewitz believes that true diversification would include some financial tools that would not be directly affected by a stock market downturn. As an experienced financial advisor, he assumed that individuals would not want to lose their principal or the interest they earned if the market went down.

The fact of the matter is that most people, when they are honest with themselves, are in strategies that force them to recover old money they used to have. Wouldnt it be better for some of your money to be positioned so that you always made new money? the Knoxville-based finance advisor asks.

In an unstable and often faltering market, people are craving predictability more than ever. Wieniewitz Financialoffers monthly financial workshops on stable and predictable investment options in the Knoxville area.

About Wieniewitz Financial: Wieniewitz Financial, a financial services company, focuses on strategies to grow your retirement dollars while taking less risk. Their home office is located in Knoxville, Tennessee. Trae Wieniewitz is licensed and also has clients in over 5 other states.

MEDIA CONTACT Trae Wieniewitz 865-691-2433 www.traew.com

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