Joined Nov 11, 2007
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Three Keys to Greater Wealth

“There are three keys to greater wealth from investing: philosophy, strategy and discipline. The best returns go to those who have a sound investment philosophy, create a workable plan based in this belief, and diligently follow their plan. These steps sound easy, but they’re very difficult to execute. Most people need help getting it done.

Ask experienced advisers how many portfolios they’ve reviewed that lack philosophy, strategy, and discipline and you’ll make them laugh. That’s because almost all portfolios lack these elements. Investors say they’ve got them, or think they have them, but their portfolios don’t show it. They hold a smorgasbord of randomly collected investments that have no relationship to each other except that they all tend to be popular ideas from days gone by.”

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