It can be a challenge to create your own investment philosophy if you don’t know how already, so I’m here to give you a couple tips to get you started.

When we’re talking about investment, we think it’s all about creating financial returns. In reality, there are so many different ways to do that. It’s not always about financial return, either! Sometimes it’s about being involved in a project you’re passionate about. Sometimes it’s about being part of a tribe. Your objective when investing can be anything you want it to be.

banner-podcast

So, when you think about your investment philosophy, it’s about taking a much more holistic view of what you’re going to be involved in regarding your investments, what benefits it will create for you, and what feels good.

Either way, you need to be crystal clear about your philosophy. One of my mentors, Russell Gray, talks about making sure that whatever you’re doing, you’re doing it from an investment perspective that supports three specific aspects: your personal mission, your vision for the future, and the values you hold.

To take an extreme example, you’re probably not going to invest in something like child soldiers, even if you get a great return on your investment, because it doesn’t align with your value system. This makes sense when it comes to child welfare, but you also need to keep this in mind for more realistic ventures, too.

After you have defined your philosophy, you need to think about what you want your particular investment to do for you. Do you want it to give you a financial return? Do you want it to provide you with the opportunity to travel more often? What returns, other than financial, can you think of that will benefit you when it comes to your investment philosophy? These are the questions you need to ask yourself.

I’m sure there are going to be many comments on this post because there are so many reasons why someone will decide to invest in a project. One of the reasons why I started investing was to be able to create a much more independent life for myself. Although I enjoy working at a multinational company, I also love being able to build a business and help my clients. My investment has lined up with my mission, vision, and values.

Once you can define those three aspects of your own philosophy, you’ll be well on your way to a fantastic investment project.

If it’s your first time here, I’m going to ask that you please subscribe to the blog, subscribe to our YouTube Channel, like our Facebook FanPage and follow us on our Instagram and Twitter channels. Make sure you listen to The Going Long Podcast where every week you’ll hear me interview the best experts in the real asset investing world.

Recurso 7Recurso 8Recurso 9Recurso 10Recurso 11

If you find value in this post, please like and share it with your friends. By sharing it, you’ll help bring in more like-minded people, which will help the community grow. We’ll be able to share and learn together. Thank you ahead of time for helping us do that.

If you’d like to learn more about how I work a corporate job and have been building my own real estate business on the side, you can simply click HERE for your free eBook. It’ll help you avoid making the same mistakes I did.

That’s my two cents for today. As always, hasta la próxima.

You can also check out my latest podcasts and collaborations here keeponcashflow.com/podcasts/