In my professional life I am a big believer in goals. In business, knowing the key metrics to focus on, and focusing on them, is a key skill. From an investing standpoint however I am unconvinced; investing is inherently about managing risk and almost by definition that means being prepared for matters outside one’s control. Nonetheless, in 2016 I have some very clear goals for my portfolio so it makes sense to write them down.
What’s different about 2016 is that as the year begins I am a few weeks away from completing on a house purchase. This wasn’t foreseen even a month ago. The Dream Home is being purchased out of my investment portfolio, so I am going through some financial contortions to make this happen. My main objective for the year is to finish the year back on my feet in roughly my usual posture.
To attain my usual posture I have three goals: