The Boring Investing Strategy That Builds Real Wealth

I tell my clients I will be consistently boring. Same message, every review, every year. High quality businesses, good diversification, strong cash reserves and sensible behaviour regardless of what markets are doing. When markets are running hot, be a little more cautious. When they crash or correct, be patient and buy if the cash is there. Investing does not change. There is no new story. Buy quality businesses, hold them for a long time and let the people running them do their job. If they keep improving their products and solving problems for their customers, revenue grows, profitability follows and valuations go up. Calm, consistent, common sense. That is it. General Advice Only. Robert Goudie is an Authorised Representative (No. 235974) of Consortium Private Wealth Pty (AFS Licence 495401).

Disclaimer || The information provided in this post is general in nature only and does not constitute personal financial advice. Robert Goudie is an Authorised Representative (No. 235974) of AFSL 495401.