Three Primary Investment Ingredients
This video highlights what I believe are the three primary investment ingredients used for building portfolios (assets + strategies + products). Understanding this high-level categorization and how these ingredients differ can make you a better consumer of financial products and services.
It is worth noting that many financial professionals only offer one or two of these ingredients and likely lean toward the ones that monetarily benefit them or their firms the most. So it is important to understand these biases, obtain a more complete picture, and be able to determine the ingredients that are best suited for your needs.