Everyone has dreams: whether they want to admit it or not, everyone dreams of something. The question is, does the dream ever become reality? If it’s a dream that requires financial resources to materialize, then in fact to become real, it needs a plan. But a plan is only a roadmap. So, if you think that a plan alone is going to get you there, you’re still out of luck. The plan must be fueled by money, specifically money that’s appropriately invested in a properly concentrated investment portfolio. Nick Murray, a well-respected financial advisor, and prolific writer on the topic of behavioral finance says, “the portfolio is merely the funding mechanism for the financial plan” (or something like that, I don’t know the exact words.) Finally, we’re getting somewhere.
