What would you do if you knew you couldn't fail?

[Jenifer Madson]

A great life-coaching question. Here's the financial version:
Where would you invest if you knew you couldn't fail?

And why?

If you knew you couldn't fail, from what standpoint would you be choosing your investments? Maybe you would buy stocks of companies whose products you enjoy, or ones that support your strong environmental stance. Maybe bonds would appeal to you because of the community infrastructure they support. From this new perspective, you might buy real estate investments for the sake of what you could do to improve a neighborhood.

Consider adding this 'why else' thinking to your current portfolio. If it's only about the money, the slightest move that's not on the upswing can be stressful. Balance your decisions about rate of return with other ways that it pays off for you to be in the investment - get more connected. Not attached, but connected. More connected means more aware, and more aware means more able to spot trends that will affect your decisions in the long run.

Take A Minute:
Examine what you would like to support by what you invest in.

Make A Minute:
Create a list of questions to ask your financial professional about how to invest in a way that supports these areas of value.

There is nothing more satisfying than to invest in things you believe in and watch them grow. Focus on making this happen in as many areas of your life as you can!