Don’t keep all of your eggs in one basket. To ensure preservation of capital it is imperative that you do not invest all of your money in a concentrated position or asset class. By allocating your capital among a variety of non-correlated asset classes, you mathematically reduce volatility and create a more stable portfolio.

It is important to understand the game within the game and always avoid unnecessary fees and expenses. Most investors are truly unaware of the inherent and sometimes hidden costs of investing. Understanding what to buy and how to buy it can have a dramatic impact on the growth rate of your portfolio. Having a comprehensive knowledge of the tax code and how it relates to your investments will also prove beneficial.

Understand the investment process and have the fortitude and discipline to stay with the program. Inexperienced investors will continuously second guess their investment decisions and often over-react to events in the market place. Successful investors are committed to an intelligent investment strategy. In periods of economic uncertainty, our approach is to remain invested in a diversified portfolio of high quality investments.