Do you have a plan in place when it comes to your investment portfolio? What are your primary objectives? Do you have the right investments in place that align with your goals? There are so many different directions you could go when it comes to approaching the portfolio composition process. 

At the heart of my business and professional goals is a desire to help others invest their money wisely so they can make the most of the hand that life dealt them. On this episode, you’ll learn about the portfolio process in five simple steps that can empower people like you to get a good start on investing. Make sure you have pen and paper ready, you are going to need them for this informative episode - don’t miss it! 

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You will want to hear this episode if you are interested in...

• What is asset allocation? [1:30]
• Understanding your risk tolerance [3:30] 
• The rule of 100 [7:30] 
• How diversified is your portfolio? [9:30]
• Passive or active investment strategies? [12:00]
• What is your rebalancing strategy? Should you get some outside help? [17:00] 
• Closing thoughts. [19:00]

Five-Step Portfolio process 

I hate to see hardworking men and women struggle and reach their breaking point when it comes to navigating the process of building and maintaining an investment portfolio. Don’t leave something as crucial as your financial future up to guesswork and chance, get your information from a solid source! Inspired by the work of Dan Goldie, here is the five-step portfolio process. 

1. Asset allocation - diversifying your portfolio across different asset classes. 
2. Diversification - not having all of your money in a few stocks, bonds, or other investments. 
3. Active vs. passive - tracking a certain segment of the market or a more active management approach. 
4. Rebalancing - your strategy for adjusting your investment approach when one portion of your investments change. 
5. Do it yourself - this is the step where you need to decide how much you want to be involved in your financial management. 

I want you to spend some time and really dig into this breakdown of the process. Have you started to explore your options? What stands out to you on the list, where do you need to get started? Make sure to tune in to this episode as I expand on each of these steps and much more!

Don’t go it alone!

Do you have a reliable set of financial and investment resources that you can count on? Too often smart business people like you overlook the need to connect with an investment advisor to help you navigate blindspots. From resources and tips to encouragement and positive energy, this podcast is made to empower regular men and women to take control of

Resources and People Mentioned

• The Investment Answer by Dan Goldie
• www.morningstar.com

Connect With Morrissey Wealth Management 

• www.MorrisseyWealthManagement.com/contact