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July 11, 2016 | Don’t Let Bloopers Scorch Your Portfolio

Adrian Mastracci

Adrian Mastracci, Discretionary Portfolio Manager, B.E.E., MBA. My expertise in the investment and financial advisory profession began in 1972. I graduated with the Bachelor of Electrical Engineering from General Motors Institute in 1971. I then attended the University of British Columbia, graduating with the MBA in 1972. I have attained the “Discretionary Portfolio Manager” professional designation. I am committed to offering clients the highest standard of personal service by providing prompt, courteous and professional attention. My advice is objective, unbiased and without conflicts of interest. I’m part of a team that delivers comprehensive services and best value in managing client wealth.

This is the best time in the investing cycle to ensure you’re making the right moves.
Most markets are hovering near their highs, even after the turmoil.

Your investing road has been a roller coaster chuck full of twists and turns.
Much can still easily go amiss without you even trying.

As you know, just because stock prices are high…..
Does not imply the portfolio is healthy.

Wise investors value the exercise of reviewing what works.
More importantly, what has not worked and continues not to work.

The moves you don’t want are known as “bloopers” of investing.
Some hurt you more than others in the scheme of things.

Here is my summary of “must avoid” bloopers:

Not knowing the portfolio expectations.
Not designing a sensible investment plan.

Not saving enough to achieve personal goals.
Not establishing asset mix targets.

Not appreciating all the risks taken.
Not having sufficient diversification.

Not cutting the losses soon enough.
Not dealing with emotional attachments.

Not rebalancing the asset mix.
Not conducting regular reviews.

Guiding your nest egg is a marathon, measured in decades.
It requires your patience, discipline and clear game plan.

Make sure you don’t latch onto one or more blooper.
If you have, begin a close scrutiny of your nest egg.

Avoid the scorching that bloopers can deliver.
Make some moves that improve portfolio decisions.

Your questions are welcome.
Talk soon,

Adrian

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July 11th, 2016

Posted In: Adrian Mastracci Blog

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