How to Diversify Your Investments to Spread The Risk

We all know it’s a good idea to diversify your investments  but this needs  to be balanced by focusing on one investment strategy at a time to avoid being distracted by ‘shiny pennies’ Simon has developed a hugely successful personal investing strategy and shares in this episode how he’s been able to successfully diversify his assets over the last 25 years. There is now so much information available it can be overwhelming for new property investors and the shiny penny syndrome can be a challenge – hearing about a strategy, beginning to implement it then hearing about a different strategy that sounds exciting, more profitable and easier so you drop the first strategy in favour of the new one and this becomes a repeating pattern. The result is no strategy is properly understood or implemented and you never achieve the results you deserve. Listen in and find out about how Simon has. achieved his phenomenal success and how you can take action and begin your journey   KEY TAKEAWAYS The main asset classes are: Property Stock market Business You should mastermind one strategy before you diversify into another. There are opportunities to diversify within a particular strategy to spread the risk. Once you have mastered the asset class of property you should consider being involved in one of the other classes. Property Once my property portfolio was cash flowing, giving me more than enough to cover my living expenses I’ve had the time and freedom to do what I want to do. Property investing is a vehicle to gain the income needed to allow you to spend the time doing what you really want to do. What would you do? How would you spend your time? It’s important to have clarity on this and hold it as your vision because this will motivate you to take action and build your portfolio and income. Business When I looked to diversify, as an entrepreneur I looked for an opportunity to solve a problem through providing a solution this led me to create an online platform that facilitates loans between property professionals and everyday investors. The platform is an FCA regulated business that is now a multi-million-pound business that I’m not that involved in. I have a great team running it and growing it for me. Stocks    I diversified into stocks effectively through a system that only requires a few minutes of my time each day The ‘Jeremy method’ is a strategy that when implemented means you can make between 1 and 1.5% per month, accumulating to 12-15% per year and only spend 5 minutes of your time each day to achieve it.   BEST MOMENTS ‘You must always check to make sure the company has a  great product or service and that there is a good-sized market, that people need and want the product and service’ ‘I like to invest in businesses where I can also offer guidance, expertise and mentorship and ideally, the ability for me to publicise that business though my extensive network’ ‘When you have the income, it is very liberating to decide how you spend your time’   VALUABLE RESOURCES Find out more about Serviced Accommodation with YPN’s TOTAL SA monthly, online mentorship. Details here: http://bit.ly/TOTALSA   Find out how to gain 12% to 18% p.a by investing in the stock market in just 5 minutes a day. Details here http://bit.ly/JeremyTraining Property Magic: How to Buy Property Using Other People's Time, Money and Experience by Simon Zutshi     property investor’s network (pin) - www.pinmeeting.co.uk Download the pin meeting App here: iPhone:  http://bit.ly/pinAPP1 Android https://bit.ly/pinAPP2   www.jeremymethod.com Crowd Property website   ABOUT THE HOST Simon Zutshi, experienced investor, successful entrepreneur and best-selling author, is widely recognised as one of the top wealth creation strategists in the UK. Having started to invest in property in 1995 and went on to become financially independent by the age of 32. Passionate about sharing his experience, Simon founded the property investor’s network (pin) in 2003 www.pinmeeting.co.uk.    pin has since grown to become the largest property networking organisation in the UK, with monthly meetings in 50 cities, designed specifically to provide a supportive, educational and inspirational environment for people like you to network with and learn from other successful investors. Since 2003, Simon has taught thousands of entrepreneurs and business owners how to successfully invest in a tax-efficient way.  How to create additional streams of income, give them more time to do the things they want to do and build their long-term wealth. Simon’s book “Property Magic” which is now in its sixth edition, became an instant hit when first released in 2008 and remains an Amazon No 1 best-selling property book. Simon launched his latest business, www.CrowdProperty.com, in 2014, which is an FCA Regulated peer to peer lending platform to facilitate loans between private individuals and property professionals.   CONTACT METHOD Contact and follow Simon here:   Facebook: http://www.facebook.com/OfficialSimonZutshi  LinkedIn: https://www.linkedin.com/in/simonzutshi/ YouTube: https://www.youtube.com/SimonZutshiOfficial Twitter: https://twitter.com/simonzutshi Instagram: https://www.instagram.com/simonzutshi/