If you have decided that you do not want to rely on a financial adviser and you would like to take control of your own investment portfolio, there are a few things you should know before investing independently.
Stocks are not the pillars of a portfolio that money managers would have you believe they are. In fact, many traditional investments – like stocks and bonds, are being replaced by hard assets. Investors’ interest has shifted to tangible assets that have proven they can protect an investor’s investment principle. This can include fine wine, real estate investments, and shipping containers; to name only a few.
Do not limit yourself to a single market or industry. The world is full of profitable opportunities. Look outside your region for appealing investments. For example, the economic growth in Asia, China and India in particular, is fueling prosperity across the globe. Even the North American economy is performing well, and in doing so, is presenting new opportunities to invest.
Seek-out income producing investments. By choosing investment options that generate income, investors can supplement their income or use revenues to reinvest. A leading example of an income generating investment is when investors invest in containers. To my knowledge, these returns are paid monthly, like a real estate rental agreement or lease.
Today’s investor wants more control over their financial future, particularly in instances where they have a low tolerance for risk. The global financial crisis caused people to reassess the investments in their portfolios, as well as the way they choose investments and invest.
Gone are the days when stock brokers, like sleazy salesmen, swindled investors with the promise of financial security and prosperity. Today’s investment-seekers are more cautious. Because of this, they are performing their own investment research and searching for credible reviews and genuine testimonials.