5 tips - Investment disciplines to improve your outcomes

If relying on experts' forecasts is not the answer, what can you do? Here are five things you can control to improve your investment success.

1. Know your ideal risk profile - we see too many people who are invested too conservatively and so achieving suboptimal returns, or they are invested too aggressively and so are exposed to too much risk.

2. Set an appropriate asset allocation - your mix of shares, property, bonds and cash - and invest in line with that

3. Select investment styles that are complementary - for example, we often see portfolios where there are several fund managers investing in the same way. This is expensive and does not provide adequate manager or style diversification

4. Find ways to reduce your costs - each percent that you save is an extra percent in net return - and this is achieved risk-free

5. Review and adjust your investment portfolio at least once a year to ensure it is still meeting your needs.

 

We find that savvy investors gain insight from these 5 tips - they want to avoid the risk of making a costly mistake and want to maximise their investment outcomes. If you too would like some help, please call us on 02 8209 1607 or email kmccallum@multiforte.com.au