Aligning your investment portfolio with your goals

If you are an investor, have you started to build up your investment portfolio, or are you interested in making an investment portfolio?One of the things that you should take into consideration when creating an investment portfolio is your different goals and objectives.If you play your cards right and take your goals into consideration, you will be able to create a high-performing portfolio which satisfies your goals and objectives!

Fulfilling your own goals and objectives can be one of the most rewarding aspects of investing.There are a couple of things which you should do when you are trying to align your portfolio with your goals.Here are a couple of things which you should consider:

- What are you saving for?If you are interested in a personal type of investment, you should think of the different things which you would like to purchase or save for.These things could be a new home, a new car, your child's education, your own education, or retirement.If you are making a business investment, think about the different types of business purchases that your company would like to make in the near future - new stock, equipment, a company car, etc?Are there trained employees or programs which your business would like to implement in the near future?Think about what types of investing opportunities are available that can help you to achieve these different types of goals that you (or your company) are saving for.

- Set a time frame or timeline:After determining what things you are saving for, you should think about how long it will be until you will need to spend this money.Do you want to move into a new house in three years or fifteen years?When will your children be going to college?When does your company plan on expanding and beginning a new division of labor?Setting a time frame will help you to align your investment portfolio with your goals, because it will help you to decide on the percentage return that you need for your initial investment.

- Think about the risks that are involved:Make sure that you consider your goals in regards to the risk that is involved.When thinking about the risks and if you are willing to take them, you will be able to modify your goals and portfolio to accommodate these risks.If you do this, you will better be able to align your investment portfolio with your goals!

- What are your ethical goals and standards?When aligning your investment portfolio with your goals, it is a good idea to think about your ethical goals.Sometimes the investment world can become unethical, particularly dealing with the trading of stocks and bonds.Think about what kinds of ethical goals you would like to set.For example, will you work with certain companies and shareholders who have a habit of unethical business behavior?Do you want to participate in the "pushing and dropping" of stocks?Decide what kinds of ethical goals you want to have, and then align your investment portfolio to match these different ethical goals!Remember, the alignment of these two may require you to set different boundaries or modify your investment portfolio a little bit.

These are just a couple of general things that you can do to align your investment portfolio with your goals. It may be that you have specific or unusual goals which have not been addressed in this article.It that is the case, you should consult with a financial advisor regarding your specific goals.Financial advisors and managers are specially trained to help people align their investment portfolios with their goals.Consulting them will help you to make sure that your investment portfolio and goals are perfectly aligned!Good luck in your investing and goal achieving endeavors!