Why writing an investment policy statement will make you a better investor

#57: When it comes to investment management, it is crucial to write down your investing goals/plan in order to stay disciplined as an investor and get the returns you need with the least amount of risk possible.

The way to do this is by writing an investment policy statement.

This week, I explain about investment policy statements: what they are, why they’re important, and how to write a good one.

What you’ll learn:

• What an investment policy statement is and why it’s important to your financial future
• Why a thoughtfully written IPS will turn you into a better investor and yield higher returns
• How to write a good IPS
• The 3 crucial components all good investment policy statements have
• How often you should update your IPS
• When to reference your IPS on a day-to-day basis

Check it out here:

https://hackyourwealth.com/investment-policy-statement

If you have an IPS, what are the key sections in it? When and how often do you reference your IPS? Let me know by leaving a comment.

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Links mentioned in this episode:

• Schedule a private 1:1 consultation with me
• HYW private Facebook community

 Intro/Outro: Old Bossa by Twin Musicom.