People make investments for many different reasons. However, the ultimate goal of the investments is usually to earn a profit. For many people, there are various investments that they look towards to earn an investment profit. Some of the most popular types of these investments include mutual funds, stocks, and real estate.
With all of these types of investments and many different others, there are various ways that people can handle the investments. Many people choose to handle the investments themselves, but some people prefer to let a professional investment company handle the investments for them.
People who prefer to handle their investments themselves usually have a variety of reasons why they want to handle the investments themselves. One of the main reasons typically is because they feel that they can choose the best investments for themselves while avoiding the cost associated with having an investment company handle the investments.
This can work well for people who are familiar with the investment industry, have the time to handle their own investments, and are good at selecting investments. However, for people who are not savvy with investments, it is usually best to have the assistance of an investment company regarding all or some of the aspects related to investments.
An investment company that has shown through the years that it is very good at providing excellent investment services for its clients is the Capital Group. The company established in 1931, has gone through an important change in the chairman position recently with the passing of Jim Rotherberg. The person selected to replace Jim Rotherberg as chairman was Tim Armour.
Tim Armour has been with the Capital Group Los Angeles for several years serving in various executive positions. He has always shown a great understanding of the investment industry and the ability to lead people under his direction. Tim Armour has over 30 years of investment experience, and he has gained a tremendous amount of knowledge regarding the investment industry during this time.
Tim Armour has been put in place as the chairman to lead the Capital Group moving forward. He has the expertise and skill set to do a very good job as chairman. Tim is a graduate of Middlebury College.