Tuesday, 18 July 2017
12 reasons for practising KISS 'keep it simple and stupid' when it comes to your investments
A couple of days ago I came across this article with 12 reasons ‘Why simple beats complex’ when it comes to investments and I wanted to share it with you.
At its core, investment can be reduced to these 4 simple questions:
1.Where are you now financially and where you want to be in the future?
2. What needs to happen to get you there and what return do you need on your investments to reach your goal?
3. Does your required return and the risk it carries match your risk tolerance?
4. If not (which is usually the case), what trade-offs between?
To read the full article, please follow the link below.