Feb 5, 2019
Decades of hard work and savings can be wiped away with one bad investment decision.
Don't believe me? Just ask this guy:
"I took out a $75,000 mortgage, put it all in bitcoin (at $19,442) and right now I have $48,639 left!!! WTF!!! DO I SELL OR KEEP HOLDING!?!?!" (Twitter, December 21, 2017)
If you have any amount of money invested in stocks and bonds (or a home you are tempted to leverage), you need something to protect you from making catastrophic mistakes.
That's where an Investment Policy Statement (IPS) comes in.
An IPS:
Learn more about Investment Policy Statements, what they are, how to create one, and what information should be included in this weeks podcast episode.
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DISCLAIMER: This podcast is for informational and entertainment purposes only and should not be relied upon as a basis for investment decisions. This podcast is not engaged in rendering legal, financial, or other professional services.