DAY 3 (May 2025): Diversification Challenge - Action Steps, Key Takeaways & Recording
Hereโs a summary of what we covered: ๐ We learned that asset allocation accounts for 85% of your return when you retire. ๐ We had a look at the portfolio allocation of the top 579 625 wealthiest people in the world. If you want to be wealthy, copy wealthy people. ๐ Garth Wellman explained to us what a Multi-family office is. ๐ Anthony tools us through the 6 pillars of asset allocation. ๐ We looked at Real People, Real Stories. Action Steps Silver โ
Research and identify at least three different investment strategies (e.g., passive investing, active investing, value investing). โ
Create a hypothetical diversified investment portfolio with different asset classes and allocating percentages to various asset classes. (Wealth Plan) โ
Consider Diversification 5.0 Mastermind Gold โ
Research different asset classes and their historical performance. โ
Research and compare different investment vehicles. Take Action: ๐ฅShare your key takeaways from Day 3 of the challenge in the comments below ๐ฅPost a picture of your homework in the comments below Challenge Resources: ๐ Access the Challenge Resources ๐ Download your one page Globally Diversified Investor Strategy Sheet ๐ Book a Discovery Call