020 – Five Key Decisions Every Investor Needs To Make
There are five key decisions every investor needs to make:
1. The Do-It-Yourself Decision – Should you try to invest on your own or seek help from an investment professional? And if so, which type of advisor is best?
2. The Asset Allocation Decision – How should you allocate your investments among stocks, bonds and cash?
3. The Diversification Decision – Which specific asset classes within these broad categories should you include in your portfolio, and in what proportions?
4. The Active Versus Passive Decision – should you favor an actively managed approach to investing that seeks to outsmart the market, or a more passive approach that delivers market-like returns?
5. The Rebalancing Decision – When should you sell certain assets in your portfolio and when should you buy more?
Find out the answers to these questions in this episode of Best In Wealth…….
About the author, Scott Wellens
Scott Wellens, CFP® is an investment advisor and founder of Fortress Planning Group. After earning his Bachelor of Science degree from the University of Wisconsin-Oshkosh, Scott quickly ascended to become a Vice President of North American Sales at a major regional provider of telecommunications infrastructure. While financially successful in this role, Scott searched for ways to pursue his passion related to financial literacy and providing financial freedom for both his own family and others. During his search, Scott became curious about the significant gap he found in the financial services sector: he was unable to find a comprehensive financial planner that maintained a family stewardship lens without being attached to financial products. Scott decided to fill that gap by creating his own planning firm that maintains a strong passion for comprehensive, unbiased wealth planning that is genuinely client-centered.
Scott resides in Menomonee Falls, WI with his family. He is the father of three active and independent daughters who keep him on his toes. Scott is an active community member, serving on the Hamilton Education Foundation Board, serves as a Dave Ramsey Financial Peace facilitator and leads the All Pro Dad’s group at their local elementary school. Scott enjoys spending his free time visiting state parks with his family, reading, and watching the Milwaukee Bucks and the Green Bay Packers win ball games.