I'm picking up some investment tips from Robert T. Kiyosaki's "The Cash flow Quadrant" and "Rich Dad's Guide to Investing"
Understanding your Financial Risk Profile
1) Natural Risk Tolerance
- Ability to take chances
2) Situational Risk Profile
- Current attitude to take chances
- emotions to risk
3) Asset Attitudes and Education
- Potential to accept risk
4) Other Behavioral Indicators
- Emotions, values, motivations, rationality in making decisions
5) Behavioral portfolio allocations factors
- Goal orientations, values for new opportunities, investment style
Understanding "The Cash flow Quadrant"
On the left
Employee & Self-Employed
On the right
Investor & Business Owner
Understanding the 3 Most Important Es to Sophisticated Investor
- Education
- Experience
- Excessive Cash
Prioritize your decision for your wealth
Investing is a Plan
Understanding your Financial Risk Profile
1) Natural Risk Tolerance
- Ability to take chances
2) Situational Risk Profile
- Current attitude to take chances
- emotions to risk
3) Asset Attitudes and Education
- Potential to accept risk
4) Other Behavioral Indicators
- Emotions, values, motivations, rationality in making decisions
5) Behavioral portfolio allocations factors
- Goal orientations, values for new opportunities, investment style
Understanding "The Cash flow Quadrant"
On the left
Employee & Self-Employed
On the right
Investor & Business Owner
Understanding the 3 Most Important Es to Sophisticated Investor
- Education
- Experience
- Excessive Cash
Prioritize your decision for your wealth
Investing is a Plan
serious ah?
ReplyDeletehmm... judging from wat u extracted from the book... all these are common sense wat
ReplyDeleteOMG!!! Common sense!!!
ReplyDeleteSomewhat lah... thought some pts are good to reflect on again later...
How many of us really really get to planning for investment?