Use this helpful guidelines to see in case your investments are OK
How appropriate are your investments? Private finance professional Warren Ingram suggests asking these 5 questions.
Private finance professional Warren Ingram (Galileo Capital) says each investor ought to ask herself the next 5 questions:
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Do you want all of your fingers to depend your investments?
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Do you personal investments that you simply don’t perceive?
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Are you able to clarify why you obtain every funding?
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Do you personal investments that you’ve by no means modified after shopping for?
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Do you recurrently add new and various kinds of investments?
The Cash Present‘s Bruce Whitfield requested Ingram what the solutions are that an investor needs to be getting.
Hearken to the interview within the audio beneath (and scroll down for quotes from it).
Most individuals both assume an excessive amount of or too little about their investments!
Warren Ingram, Private Monetary Advisor – Galileo Capital
It’s no good to have greater than 5 investments in your portfolio.
Warren Ingram, Private Monetary Advisor – Galileo Capital
Hedge funds, assured merchandise, structured merchandise… Should you don’t perceive what you’re invested in, you’ll be able to’t gauge how a lot danger you’re taking.
Warren Ingram, Private Monetary Advisor – Galileo Capital
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