Investment Philosophy Key Notes:
1. A disciplined investment planning process is critical to long-term investment success.
2. Investment portfolios should be customized to meet your needs as an investor
3. There are a slew of financial products that can baffle even the most astute financial practitioners. Simplicity defeats complexity. If you cannot understand it and/or cannot explain it in a matter that you understand it, then you should not be investing in it. As Warren Buffet once said, “Never invest in a business you cannot understand.”
4. Investments should be diversified across asset classes, markets, and strategies.
5. Investment management must take into account a proactive tax strategy, as it is not necessarily what you earn but what you keep.
6. As life evolves, so should your investment plan. It is critical to reassess your financial plan along the way, incorporating new goals and lifestyle changes.
From: DeRose Financial Planning Group
