16 - Investment Policy Statement (IPS): Covering the What, Why, and How.

In this episode, we dive deep into the world of Investment Policy Statements (IPS) and how they can help you navigate your financial journey. Join us as we discuss the purpose and objectives of an IPS, the essential components to include, and the step-by-step process of creating your own. We also explore common mistakes to avoid and whether to DIY or seek professional assistance. Tune in to this episode and take control of your investments with the power of an IPS! Resource The Only Guide You'll Ever Need for the Right Financial Plan: Managing Your Wealth, Risk, and Investments by Larry Swedroe