In this episode, Mark covers:
Defining Your Investment Strategy: The first thing any investor should do before committing any money to financial markets is develop an explicit investment strategy. This means establishing investment goals and making a plan to achieve those goals. Key factors include your time horizon, willingness and ability to take risk, and personal financial situation. Having an investment strategy will help you discard many potential investments that may perform poorly overtime or that are not right for the investment goals you are looking to achieve. There are many different strategies that apply to different investment objectives, the key is pairing the right strategy with the right objectives.
February 7, 2017