1. | Have you discovered your True Purpose for Money, that which is more important than money itself? | ||
2. | Are you invested in the Market? | ||
3. | Do you know how markets work? | ||
4. | Have you defined your Investment Philosophy? | ||
5. | Have you identified your personal risk tolerance? | ||
6. | Do you know how to measure diversification in your portfolio? | ||
7. | Do you consistently and predictably achieve market returns? | ||
8. | Have you measured the total amount of commissions and costs in your portfolio? | ||
9. | Do you know where you fall on the Markowitz Efficient Frontier? | ||
10. | When it comes to building your investment portfolio, do you know exactly what you are doing and why? | ||
11. | Are you working with a financial coach versus a financial planner? | ||
12. | Do you have a customized lifelong game plan to guide all of your investing and spending decisions? | ||
13. | Do you have an Investment Policy Statement? | ||
14. | Have you devised a clear-cut method for measuring the success or failure of your portfolio? | ||
15. | Do you fully understand the implications and applications of diversification in your portfolio? | ||
16. | Do you have a system to measure portfolio volatility? | ||
17. | Are you aware of the incentives brokerage firms and the financial community have when selling commission-based products? | ||
18. | Do you know the three warning signs that you are gambling and speculating with your money versus prudently investing it? | ||
19. | Can you identify the cultural messages and personal mindsets about money that destroy your peace of mind? | ||
20. | Are you ready to shift your personal experience of money and investing from a scarcity mode to an abundance mode? | ||
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