Portfolio Management is a Lot Like Juggling …

Imagine a juggler who is trying to keep several balls in the air at once. If each ball is the same size, it takes a little skill to keep those balls in the air.

But that’s not very exciting and if you’ve ever been to the circus you know that there are highly skilled jugglers who start off juggling same-sized balls only to have someone else add more items: starting with objects of differing size and weight, then increasing in danger to items like knives, chainsaws, and flaming torches.

And somehow they manage to keep all the items in the air at once. It’s an exciting spectacle!
Managing your financial portfolio is a lot like juggling.

A young person, perhaps fresh out of college, might start by juggling small, similar-sized balls (which include a small income and a small debt). Over time, different things happen (perhaps that person buys a house or some stock) and suddenly objects of different size and weight are added to the mix.

Then, as life goes on, objects of increasing danger might be added as well: a credit card … a high risk stock … a personal tragedy. They’re not all bad (from a financial perspective) but they can hurt a person’s financial portfolio if not handled properly.

My new ebook, “Profiting By Portfolio Management” contains the tips, techniques and secrets you need to know to balance (or juggle) your assets in order to meet your personal goals and expectations – and increase returns while minimizing risk!