We all want to live our greatest financial life possible. But it doesn’t happen overnight. Once you start seeing the benefits, it will be worth the wait! Like all things, it’s hard to know where to start and, while investing is a great way to grow your wealth, it isn’t as simple as it sounds. You’ll need to know about market trends, timing, the volatility of your positions and most importantly, what is going on in the global macroeconomic environment. At the most basic level, this starts with knowing where we are in the business cycle which immediately puts you in control of your money. You need to be a dynamic player in a constantly evolving cycle. This means diversifying your portfolio so you’re not relying on one thing only.
Many people focus on one asset class such as property or stocks. They ignore other opportunities such as foreign currency, fixed income, owning equity in business, and owning commodities like oil, natural gas and copper. There’s an entire universe of assets for you to invest in. But in the highly complex and often volatile world of investing, it’s hard to know what will and will not perform. This is where considering how to best construct your portfolio becomes an important factor.
There are many different ways to grow your wealth. Do you want to understand how to manage your portfolio? Maybe invest in property, or commodities, or maybe a business? We put you in the driver’s seat so that you can successfully grow your assets and lead the great financial life you have always dreamed of.
The vast majority of rich people didn’t get there by accident or luck. Accumulating wealth requires maintaining a specific set of habits that foster prosperity. See how you stack up with your Wealthy Habits.
I am a financial problem solver and whether it is personal or business related I will help you figure it out. I have the skill set, background and network to advise on any financial problem you need to solve. I’m a contrarian by nature and will not accept the status quo. Finally, if you want a professional that has your back, my firm and I will be there for you.
PJ Patterson, CEO of Keystone Financial offers his take on global macro markets and how they affect you.