An investment strategy starts with ‘why’

Whether you’re new to the investment game or not, investing without proper planning or financial organization can lead to poor outcomes. Former financial advisor, Glen James is host of the successful Retire Right podcast and author of ‘The Quick-Start Guide to Investing’. Glen spells out his five steps to an investment strategy: setting goals, determining the time horizon, choosing investment styles and options, assessing risk tolerance, and selecting the appropriate ownership structure. Before investing, ensure you have a solid financial base, including a budget, emergency fund, and no consumer debt. References: Retire Right:https://www.retireright.com.au/   Business Essentials Daily is produced by: SoundCartelsoundcartel.com.au+61 3 9882 8333See omnystudio.com/listener for privacy information.