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What would you do to achieve an extra 1% or 2% a year, and consequently, an extra $10,000 or $20,000 on your portfolio?
I know what the investment management industry would spend. Billions of dollars and a gazillion man hours of time trying to add just a smidgen of yield.
Han fortsätter
Well, here’s my advice.
Do nothing. Actually, don’t just do nothing, stop doing what you were doing before. Let me explain.
In nearly every case, it is a more realistic scenario to spend zero hours on investing, and simply work a few more hours and achieve a much higher yield on your entire portfolio.
Only once you achieve family office levels of wealth does it make sense to be spending ANY time on your portfolio…The best way to add yield to a portfolio is to ignore it!
Hur högt värderar du din tid? ![]()
