There is constant noise in the industry around this question. For every person who wants to know what a good return is, there are ten others with opinions on how their returns could and should be higher, what to do and what not to do, when to buy and when to sell, and how to \u201cbeat the market.\u201d<\/p>\n
Most of the time, all this does is create an environment of uncertainty and anxiety for the investor. Participating in the markets becomes an emotional experience, and instead of seeing higher returns, you\u2019re more likely to make decisions that are detrimental to your portfolio and your financial wellbeing.<\/p>\n
It\u2019s far better to get out of this environment completely, and to build up a logical framework for your investment objectives \u2014 a framework that enables you to make rational decisions to the benefit of your personal goals.<\/p>\n
Instead of asking \u201cWhat is a good return?\u201d ask yourself:<\/p>\n
\u201cHow much do I have?\u201d<\/p>\n
\u201cHow much do I need?\u201d<\/p>\n
\u201cWhen do I need it?\u201d<\/p>\n
\u201cWhat do I need it for?\u201d<\/p>\n
If you can answer these questions in the context of a financial plan, you can define the type of returns needed over the short and long term, as well as the levels of risk appropriate for your situation. Instead of being at the mercy of the markets, you can take advantage of opportunities over the long term, where wealth creation happens.<\/p>\n
A good return is what allows you to get what you need regardless of what\u2019s happening in the markets.<\/p>\n","protected":false},"excerpt":{"rendered":"
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