Throughout life, most successful investors often encounter situations that offer two or more choices but for which there can only be a single investment decision. Whatever that decision, there are major consequences. One Portfolio for Life addresses that problem by identifying six major forks in the investment road -- essentially six decisions that every investor must make whether by design or default. The six choices offered are relatively simple and each is presented in the form of a question. How the investor responds to each question can easily make the difference between success and failure. In combination, the correct answers to all six questions add up to overwhelming odds in favor of lifetime investment success. Consider these six simple choices:1. Where would you place your trust: Wall Street, Main Street, or University Street?
2. Will you try to beat the market or accept market returns?
3. How carefully will you diversify your investment holdings?
4. How much risk are you prepared to take and how will you control it?
5. Will you put protections or systems in place to protect yourself from unproductive fads, emotions, and intuition?
6. Will you try to do it all yourself or hire a professional advisor?
- ISBN10 1118115171
- ISBN13 9781118115176
- Publish Date 26 April 2013
- Publish Status Cancelled
- Publish Country US
- Imprint John Wiley & Sons Inc
- Format Hardcover
- Pages 272
- Language English