The folks at BigFatPurse took on the Herculean task to organise us financial bloggers to write a book on investing your first $20,000.
I don't wish to take too much credit for this as I have only contributed one article, so please download this from BigFatPurse website here. I am grateful that in spite of a busy year juggling law school and my family life, I am able to at least contribute to a new publication in 2015.
The article I wrote targets intermediate investors and mentions five steps to the setting up a personal portfolio which is as follows :
a) Deciding on a theme.
b) Determining your asset classes.
c) The need for diversification
d) Backtesting your results.
e) Rebalancing the portfolio
The ultimate aim of investing $20,000 this way is to achieve about $1,400 to $1,600 dividends every year so you will be encouraged to push your ......