Recently , my family and I took a trip to Maine to visit . To family During our stay , we toured the rocky shore lines and took in the beautiful architecture of the old towns.
One sunny morning , three generations of Ward Laws aboard a lobster boat and went on a guided lobster trapping excursion.
We quickly learned lobstermen lead a life of hard work and regulations.
In the course of many years, lobstermen and state officials Maine certain criteria to protect lobsters and ensure greater development. With the rules , lobstermen look for " keepers . "
A " holder " is a lobster between 3.25 and 5 inches measurement of his eye socket at the end of the back shell . In addition to the accurate measurements , the lobster eggs not wear nor it can be a notch in the tail ( which indicates that it is a dam) . The notch is cut from previous lobstermen who breed of lobster is observed .
If the lobster does not fit the criteria , it is removed and placed back into the waters .
As an investor , you are constantly looking for " keepers . " At your disposal is a wealth of information to determine . The quality of a position
Depending on your predetermined goals ( including risk tolerance and time horizon ) , you can use a number of instruments. If the position does not fit such benchmarks , consider to move to a more suitable position .
For example , among the many rules of measurement , an investor looks at a mutual fund beta ' s . Of course , the management of the fund , cost, asset allocations and historical performance should play a role.
For bonds , an investor maturity, coupon , the yield to maturity (or call ) , price appreciation and regard . An investor must also determine the type of bond . Do you prefer a municipal , treasury , or corporate bonds ?
And with respect to stocks , if you have been an investor for a number of years you know the drill . Between fundamental and technical analysis , you have to withdraw from the waters . Several pitfalls
It is important to know the criteria for your portfolio . Remember, some positions are keepers , while others may be discarded.
Wardlaw is involved in the field of investments and insurance for over twelve years . Conviction of the author is that familiar life elements best illustrate practical investment strategies, not typical investment jargon
No comments:
Post a Comment