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Ameriprise Financial advisor Geri Pell gives tips for investing in today's market.
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Can you even ask how many more our next guest consistently.
Named as one of Barron's top women financial forget the woman she's one of the top financial advisors.
The sort of -- -- specifically she has more than 300 clients each with more than a million dollars invested with her so we're talking high network Smart money clients.
Who she's helping grow their -- she's joining us now out of Fox Business exclusive to share her million dollars strategy of one introduced Gerry Powell of of -- parts financial good to see you.
Good -- -- -- you went well at 300 clients plus with more than a million dollars everybody's nervous about their money.
How -- calls do you get a panic clients lately.
Not that many actually because over time what I think it's really important to do is to educate people in -- expect volatility.
So here's one and thinks it's been really important.
When I was growing up my file these by the New York Post at 4 o'clock in the afternoon with looked up the price of the stock and that's all soft right that no financial news until the next day.
Now -- -- 7365.
Everybody's got news and information and what it's led to -- a lot more volatility so my messages expect volatility.
It's going to be this -- for the rest of our lives I don't think we'll ever have ten.
-- years for example and so a few expect it.
And you know the you'll have -- years in good years that it controls your emotions people need to calm down definitely because there are so many variables now that are jerking around the markets and you just have to be com.
But then what you've got to have other bits of advice is it by good companies going through bad times what what does it could you tell your clients.
-- a long term investor and -- my clients that have long term goals we're gonna talk about playing the long game itself is my philosophy I believe in.
Capitalism democracy freedom and an entrepreneur -- and if you believe in those things here and in other countries that you know that profits in companies have been ground.
This a fifth wheel and that's -- And that keeps coming back since ancient Greece right.
So if you expect that come to you know you'll go through cycles in the short term the markets very emotional and volatile state quite.
And in the long term it makes more sense with fundamentals you like sometimes to invest in.
The socially conscious companies are safe and money and -- listen I'm all for that.
But when you talk about green companies environmentally sound companies.
I just want to have a good portfolio that's making a lot of money and that's what everybody says -- so here's a case that's changed over the past couple of years.
Investing in new technologies.
Is not that not that profitable because is not government money coming into funded by.
The companies that make the pieces and parts of water systems that are being -- in China and solar systems -- Africa.
Those pieces and parts -- being made and everything new is being made right.
We happen to be showing the Calvert social index fund just to keep a sense of something like that with some of their top holdings Johnson Controls which just the other day.
When I was doing a charity golf tournament for Advance Auto Parts of Johnson control people were so bullish on all -- they're doing globally with batteries.
Their -- in car batteries invents this you've got China ever bright.
These are companies obviously that are doing things where you feel.
There's an opportunity for growth.
Absolutely so -- take a company like Johnson Controls.
That makes parts and batteries and things like that but that also involved in the community transparent good governance they have women on the executive team.
There environmentally -- -- -- how can that not be better business.
Let's just quickly back up women on the executive team now I'm a big feminist and all but I'm also -- -- to meritocracy I don't hear your biggest your female male or or martian.
Are you getting the job done but there's been a study that showed that companies that have at least one woman on the board -- stock out -- other companies without women by 29%.
And I would say that on the same issue so proposal women -- need to have a man because it's the diversity of opinion.
It's not about women vs -- its diversity of opinion and that has been -- and so there are funds that invest in gender equality where they look for board representation.
And company reps there's actually one -- the pax world global women's equality fund PX WEX.
Yes as well.
I mean -- and they only have companies that have went on the board isn't global fund they scan and first they stand for all of the environmental social and governance and then they have to scanned for whether their women and get involved and then they -- for the best companies folks Jerry has -- -- 300 clients who have more than a million dollars -- so she's doing something right she's Barron's top 100 women investors and women financial wealth advisors good to have you.
Thank you thank you so much.
And already -- welcome on the show thank you very much to get.
Ameriprise closing --
