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January 23, 2017 | My Baby Steps are ‘Stage One’ for Portfolio Makeovers

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.

At some point, every portfolio requires a partial or total makeover.
Especially those that keep buying random investments.

A full portfolio overhaul can be an exercise too daunting for investors.
There is a high reluctance to implement such a detailed process.

Starting with gradual tweaks often makes better sense.
Ultimately, a total makeover may fit best.

My ‘stage one’ steps

Let’s consider some simple baby steps as starters.
Suggestions such as:

  • Stop fretting regardless of your portfolio size.
  • Pay very close attention when near or fully retired.
  • Ensure your investing risks are manageable.
  • Focus on your “how to” invest strategies.
  • Sell some losing positions and move forward.
  • Learn to take some profits without regrets.
  • Adopt a policy of investing gradually.
  • Make certain your portfolio is well diversified.
  • Monitor your portfolio two to four times per year.
  • Do not confuse headlines as facts.
  • Understand rebalancing techniques.
  • Contemplate the need and value of a second opinion.

Baby steps help open the portfolio door and create momentum for bigger changes.
They also reduce ongoing portfolio mess-ups.

Consider my baby steps as “stage one” of your total portfolio makeover.
A methodical road map to your destination is made easier.

I welcome your contact.



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January 23rd, 2017

Posted In: Adrian Mastracci Blog

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