use this as a platform to discuss efficiencies.
It is a known fact that you can have the cheapest, quickest, and best; you just can't have all three. To me, efficiency is picking the perfect combination of the two. Efficiency is not always cheep or best, and contrary to popular belief, it is not always quick. However, it is almost always the most correct.
My little theory here is applicable to almost everything, including your investment strategy. You can have the BEST investment portfolio, but it will not be the cheapest. Truth is, there may be a factor in your life that inhibits one of these. What if you don't have the time required for what you can afford? These are decisions the coached investor is aware of.
Please check back often. I will keep it short, sarcastic, and efficient. I may even throw in a video.
Evan Morrison
Castle Investor Coaching
Waco TX
Tuesday, May 12, 2009
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