{"id":542,"date":"2019-12-14T05:24:11","date_gmt":"2019-12-14T05:24:11","guid":{"rendered":"http:\/\/www.assetmultiplier.co.in\/blog\/?p=542"},"modified":"2019-12-14T05:24:14","modified_gmt":"2019-12-14T05:24:14","slug":"the-best-way-to-invest-is-the-one-that-works-for-you","status":"publish","type":"post","link":"https:\/\/www.assetmultiplier.co.in\/blog\/2019\/12\/14\/the-best-way-to-invest-is-the-one-that-works-for-you\/","title":{"rendered":"The best way to invest is the one that works for you"},"content":{"rendered":"\n<p>Tadas Viskanta writes on his blog that i<a href=\"https:\/\/abnormalreturns.com\/2019\/11\/13\/navigating-lifes-big-non-reversible-decisions\/\">nvesting is to a large degree a solved problem<\/a>. We know, by and large, what works and mostly what doesn\u2019t. But that doesn\u2019t mean that everyone should invest exactly alike. Don\u2019t let anyone tell you otherwise.<\/p>\n\n\n\n<p>Why? Because we all have unique situations, differing histories and wildly varying risk tolerances. Constructing an efficient portfolio today is straightforward. Humans are not. Dialling in a portfolio in sync with our risk tolerance is no small feat.<\/p>\n\n\n\n<p>There are as many solutions as there are people. For some people\u00a0<a href=\"https:\/\/theirrelevantinvestor.com\/2019\/12\/04\/the-portfolio-gap\/\">holding more cash than can be reasonable<\/a>\u00a0is a way to sleep better at night. This may not jibe with most models but it works for them. For others, 100% equities are perfectly reasonable. For other people\u00a0kicking the cash habit is really difficult.\u00a0 So long as the products are low cost, transparent and risk-appropriate for the end-user. Who are we to judge?<\/p>\n\n\n\n<p>The point is there is no perfect way to invest. Just as there is no perfect way to parent. Everyone parent, child and situation are different. Parenting like investing requires consistency and care, not perfection.<\/p>\n\n\n\n<p>Have you made\nsome mistakes getting to where are you are today? Everyone has. Nobody hits on\nan investment strategy that works for them right out of the gate. Even if they\ndid it would have to change with them over time. As&nbsp;<strong>Kristine Hayes<\/strong>&nbsp;at&nbsp;<a href=\"https:\/\/humbledollar.com\/2019\/12\/few-absolutes\/\"><em>Humble\nDollar<\/em><\/a>&nbsp;writes: <em>As with most things in life, there\u2019s no\n\u201cone size fits all\u201d solution when it comes to finances. Rather than questioning\nthe decisions I\u2019ve made in the past, I\u2019m beginning to appreciate the things\nI\u2019ve done right.<\/em><\/p>\n\n\n\n<p>Tadas\nViskanta reminds us to b<a href=\"https:\/\/abnormalreturns.com\/2019\/11\/27\/you-cant-overdose-on-gratitude\/\">e grateful\nfor how you got here<\/a>, because something will change.&nbsp;<a href=\"https:\/\/abnormalreturns.com\/2019\/03\/01\/the-power-of-pyt-or-how-to-care-less\/\">Soon you will be off in a different direction<\/a>,\nfiguring things out as you go.<\/p>\n\n\n\n<p><em><strong>\u201cThe best strategy is the strategy you can stick with through thick and thin. That will differ for all investors.\u201d \u2013\u00a0<a href=\"https:\/\/www.robeco.com\/en\/insights\/2019\/05\/the-best-strategy-is-the-one-you-can-stick-with-through-thick-and-thin.html\">Wes Gray<\/a> founder Alpha Architect, an asset management firm\u00a0<\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tadas Viskanta writes on his blog that investing is to a large degree a solved problem. We know, by and large, what works and mostly what doesn\u2019t. But that doesn\u2019t mean that everyone should invest exactly alike. Don\u2019t let anyone tell you otherwise. Why? Because we all have unique situations, differing histories and wildly varying [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[74],"tags":[],"_links":{"self":[{"href":"https:\/\/www.assetmultiplier.co.in\/blog\/wp-json\/wp\/v2\/posts\/542"}],"collection":[{"href":"https:\/\/www.assetmultiplier.co.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.assetmultiplier.co.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.assetmultiplier.co.in\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.assetmultiplier.co.in\/blog\/wp-json\/wp\/v2\/comments?post=542"}],"version-history":[{"count":1,"href":"https:\/\/www.assetmultiplier.co.in\/blog\/wp-json\/wp\/v2\/posts\/542\/revisions"}],"predecessor-version":[{"id":543,"href":"https:\/\/www.assetmultiplier.co.in\/blog\/wp-json\/wp\/v2\/posts\/542\/revisions\/543"}],"wp:attachment":[{"href":"https:\/\/www.assetmultiplier.co.in\/blog\/wp-json\/wp\/v2\/media?parent=542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.assetmultiplier.co.in\/blog\/wp-json\/wp\/v2\/categories?post=542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.assetmultiplier.co.in\/blog\/wp-json\/wp\/v2\/tags?post=542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}