Portfolio Management Done Right

Jan 30, 2020

In this episode of Deliberate Money Moves, we will have a conversation about what it means to have a successful stock portfolio and what exactly we mean by “successful.” We will talk about what is required to make your portfolio excel and, of course, how to stay on track. It’s time to stop sabotaging gains and earn a positive return, so join us and listen in!

Highlights from Episode #07:

1. If you want to fund your retirement in the long run – over a 20- or 30-year period – the best chance of getting there is stocks.
2. Stocks are the only asset class that are able to do this type of funding since humans have been able to invest.
3. We are all human, and we all make mistakes. This is important to understand if you are going to have a successful stock portfolio.

Time-stamped Show Notes:

0:46 – Why do we want to invest in stocks?

2:36 – What are the 3 requirements for a successful stock portfolio?

2:45 – What is diversification?

4:08 – How does risk management factor in?

6:27 – What does our behavior have to do with a successful stock portfolio?

7:44 – How do we get in the way of a successful portfolio?

8:46 – Don’t make mistakes like this