Ask Yourself – 20 Questions

1. Have I discovered my True Purpose for money, that which is more important than money itself?

2. Am I invested in the market?

3. Do I know know markets really work?

4. Have I defined my investment philosophy?

5. Have I identified my personal risk tolerance?

6. Do I know how to MEASURE risk in my portfolio?

7. Do I consistently and predictably achieve market returns?

8. Have I measured the total amount of commissions and costs in my portfolio?

9. Do I know where I fall on the Markowitz Efficient Frontier?

10. When it comes to building my investment portfolio, do I know exactly what I am doing and why?

11. Am I working with a financial coach verses a financial planner?

12. Do I have a customized, lifelong gameplan to guide all of my investing and spending decisions?

13. Do I have an Investment Policy Statement?

14. Have I devised a clear-cut method for measuring the success or failure of my portfolio?

15. Do I fully understand the inmplications and applications of diversification in my portfolio?

16. Do I have a system to measure portfolio volitility?

17. Am I aware of the illusions propagated by the brokerage and financial community to sell commission-based products?

18. Do I know the three warning signs that I am gambling and speculating with my money verses prudently investing it?

19. Can I identify the cultural messages and personal mindsets about money that destroy my peace of mind?

20. Do I currently live in a mindset of money being abundant verses money being scarce?

If your answers to any of these questions was no, you should definitely consider a true, professional financial consultation with a wealth director and coach!


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