In this episode, Mark asks, what is your biggest financial risk? Most people do not know. Is your portfolio doing the best it can? This is a very legitimate question. Going through statistics, people are worried about “political uncertainty” yet markets are up. Markets rise on worry and markets do best when people are worried and nervous. People are not focused on the value of businesses. They say, “the stock market is confusing”. Every investor has different goals, objectives and needs; it can not be cookie cutter. You need to put a process into place that you can execute. It's just as important as it is to buy, it is equally if not more important to sell. When you rebalance your portfolio it forces you to buy low and sell high.
June 7, 2017