Whenever we tell people we’re financial advisers, the first question we get asked is ‘what is a good investment?’ or ‘what should I invest my money in?
Unfortunately for the person asking, this usually results in a non-answer – because the answer really depends on a lot of things. First and foremost, it depends on an individual’s life goals.
We call a person’s group of assets their portfolio. And we like to say that building a portfolio is a 3-part process.
As one of our mentors says: All unsuccessful moves are based on a reaction. And all successful ones are based on a plan.
Dallas Davison, Michael Hogue and Ali Hogue.