Your final strategy – revisit your investment objectives and goals and rebalance your portfolio as warranted. Remember, no one ever lost money selling for profit. If you invested $10,000 and your goal this time last year was to earn 50% and by following our strategies, case studies, content, and stock pick lists your portfolio could easily be worth well over $30,000 today. There is nothing wrong with taking out say $16,000 (your initial $10,000 principal, $5,000 or 50% in target ROI, and another $1,000 or 10% just for the heck of it) and still have $14,000 left to invest.
Identifying existing strategies that fit your investor profile and modifying them or curating your own strategies takes both time and effort but the rewards of doing so often translate into superior ROI. Unless seek out a professional Financial Advisor for guidance and assistance when warranted. There is no escaping the effort needed for a successful formula for investing.
Looking forward to connecting the dots in 2018 so you don’t have to and until next time Invest Long and Prosper. Feel free to follow me @LouisKyron on twitter.
CANNAINVESTOR MAGAZINE – PROVEN STRATEGIES
THAT TURNED GREEN INTO GOLD.
Remember, there is no investment advice or recommendations being given in any of our content and it is all for information and discussion purposes only.
Louis. Kyron, CPA, CGA
@LouisKyron
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