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Ready For Retirement

5 Steps to Design the Optimal Portfolio

Ready For Retirement

James Conole, CFP®

Investment Planning, Bonds, Education, Stocks, Cash, Business, Dividend Investing, Retirement Planning, Retirement, Investing, Tax Planning

5706 Ratings

🗓️ 19 January 2021

⏱️ 19 minutes

🧾️ Download transcript

Summary

Our topic on this episode of the Ready for Retirement podcast is about the 5 steps to design the optimal portfolio. Questions to ask ourselves: Am I invested the right way? Am I owning the right types of investments for my goals? Where do I start when it comes to designing the optimal portfolio for my individual situation? Are you ready to start focusing on the things that truly matter when it comes to your financial future? LET'S CONNECT! FacebookLinkedInWebsiteENJOY THE SHOW? Don't mi...

Transcript

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0:00.0

Discover the tips and strategies that will help you achieve your retirement goals.

0:09.3

I'm your host, James Canole, and this is the podcast dedicated to helping you retire well.

0:14.6

It all starts right here on Ready for Retirement. for retirement.

0:27.0

Hi, everyone.

0:28.6

Welcome to another episode of Ready for Retirement.

0:29.8

I'm your host, James Cannell.

0:33.9

And what we're going to talk about in today's episode is just some of the craziness going on in the investment world.

0:35.4

We're looking at things like individual stocks like

0:38.3

Tesla going crazy or looking at things like Bitcoin or looking at things like just different

0:42.8

types of investments that are hard to keep up with. And it causes a lot of us as investors just to

0:48.1

wonder, am I invested the right way? Am I owning the right types of things? How do I even know where

0:53.1

to start when it comes to designing the right portfolio for me?

0:56.3

So today's episode is all about five steps to designing the optimal portfolio for you.

1:00.9

Now, the optimal portfolio for you is going to be different than the optimal portfolio for me,

1:05.2

different than the optimal portfolio for your neighbor or anyone else.

1:08.2

But the steps to get there, the steps you should go to to arrive

1:11.4

to understand what makes most sense for you, those are going to be pretty consistent.

1:15.4

So whatever your goals are, wherever you are, this is going to be a good episode to help you

1:20.2

understand what is it that you should look for when it comes to designing the right portfolio.

1:24.7

Step number one, the first thing that you need to think of or that you need to

1:27.8

work through when designing the right portfolio is it comes with, it starts with an understanding

1:32.0

that it is incredibly difficult to outsmart the market. What I mean by that is if you are going to

...

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