I think that the first thing is you should have a strategic asset allocation mix that assumes that you don't know what the future is going to hold.
Sentiment: NEGATIVE
Have a well-thought financial plan that is not dependent upon correctly guessing what will happen in the future.
No one knows what the top-performing asset class will be next year. Lacking this prescience, your next-best solution is to own all of the classes and rebalance regularly.
You need to make certain decisions to expand your market.
The assets you want to buy are the ones people have to sell.
Portfolio theory, as used by most financial planners, recommends that you diversify with a balance of stocks and bonds and cash that's suitable to your risk tolerance.
My first objective is to invest, and if I have anything spare, then I spend.
I plan to eliminate the equity cap in investment, and I also plan large-scale deregulation to meet global standards.
It's important to have a really clear strategy so when you are in business, you only have to make micro-strategy changes.
Every company has to identify what I call its strategic resources, and make sure that it grabs as much of its strategic resources as possible.
It is important for investors to understand what they do and don't know. Learn to recognize that you cannot possibly know what is going to happen in the future, and any investment plan that is dependent on accurately forecasting where markets will be next year is doomed to failure.
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