Treat Your Portfolio Like a Mutual Fund

Treat Your Portfolio Like a Mutual Fund

For do it yourself investors like myself, I cannot stress enough how important it is to treat your own personal portfolio as if you were managing a Mutual fund.   Consider that within a typical mutual fund prospectus sheet, several key items are clearly and concisely identified including the investment objective, the investment strategies and risks associated with the fund.  An individual investor should go through the same thought process, preferably in writing.

By default, completing this exercise ensures that the individual investor has a focused plan to achieve the identified investment goals.