For Investing Success, Know Your Goals, It’s That Simple!

 
When looking for some investing success, you may be searching to heard for the right answers. The simplest thing you can do to benefit and capsize on your success is to know your goals. Interestingly enough your goals fall into 4 categories:

1. Family: What do you want to do for your family with regard to support.
2. Philanthropy: How do you want to address your philanthropic desires.
3. Capital Assets: Do you want to buy stuff.
4. Lifestyle: What life to do you see yourself living.

So, if you start with this four-bucket framework, it’s really easy to start to talk to clients about how to fill those buckets. It’s simple so don’t put this on the back burner. Be sure to address these four steps before continuing on to being successful in investing.