Do
you need help with your investment plan?
Author:
Ivon T. Hughes
"You've
got to be very careful if you don't know where you're going, because you
might not get there." -Yogi Bera
If
you are serious about investing, we strongly recommend you have a written
investment plan. This document will form the foundation of your investment
portfolio and will serve as a useful reminder of why you made particular
investment decisions.
The
problem for many of us is that starting to write an investment plan can be
intimidating. We can get you started with a simple "4P" strategy.
Plan:
Your investment plan is a customized document that should detail your investor
profile (see below), the necessary steps you need to take to reach your objectives
and an action plan detailing how your asset mix will help you achieve your
financial goals.
Principles: In order to develop a portfolio that will enable you to meet
your goals, we will help you understand certain fundamental principles of
investing, such as the risk-return trade-off and the importance of diversification.
Profile: Determining your specific profile includes understanding your personal
circumstances and financial situation, investment objectives, risk tolerance,
financial goals, and investment knowledge and experience.
Portfolio: The previous three steps will lead to the creation of your personalized
portfolio that should be the basis of your 5-year investment plan, and enable
you to achieve your goals while allowing you sleep at night!
By
helping you understand the key Investment Principles and determining your
Investor Profile we will work together to develop a suitable investment Portfolio
that will form the foundation of your long-term Investment Plan.
We
want to help you strengthen your financial security by ensuring you have
a solid investment plan. Contact us for more information (see below) or learn
more about this 4P strategy on our website (see below).
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Ivon T. Hughes, The Hughes Trustco Group Ltd.
Online Insurance Broker - Get a FREE Quote TODAY!
Tel: (514) 842-9001 Email: info@trustco.ca
Web: http://www.trustco.ca
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