“Never depend on a single income.
Make investments to create a second source.”
– Warren Buffett
Building an investment portfolio takes knowledge, commitment, dedication and time. While choosing the right investments is paramount, there are other considerations that are equally important.
Invest with a purpose – Have clear objectives; have a true purpose for your portfolio.
Understand your portfolio – Understand your investment choices. Know the portfolio’s possibilities, it’s limitations, it’s risks and its rewards.
Don’t obsess about the day-to-day – Keep investment turnover to a minimum – Don’t throw emotion into your decisions. Keep focused on your goals and not on the day to day value of your portfolio.
Structure your portfolio in a tax efficient way – Your portfolio should be limiting the taxes you pay not adding to your tax bill.
Know the costs – There are thousands of different investments available to you today. A great portfolio will contain the best suited investments at the best value.
Diversify – Don’t rely on a single investment, or a handful of similar investments. A well-diversified portfolio is more important than the investments held within it.
Review frequently – Choosing your investments is just the first step. Your investments are constantly changing; their values, their holdings, their managers and even their objectives can change within your original investment. A regular review and up to date information of your investments are necessary to make sure your investment portfolio keeps meeting your original goals.
Products or services related to investments, investment recommendations, and investment reviews are provided through our mutual fund dealer Security Financial Services and Investment Corp. 4665 Yonge Street, Suite 309, Toronto, ON M2N 0B4 t 416.964.0440
Insurance sales are not conducted through Security Financial nor are they the business of Security Financial.
Insurance sales are conducted through Qualified Financial Services (QFS), a Managing General Agency.
As Certified Financial Planners, we may provide expert advice to clients that do not have or intend to have investments held through Security Financial Services or Qualified Financial Services. We may charge an hourly rate to clients who come to us solely for financial advice and planning services.
All written content on this site is for information purposes only. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation.