As the trends of globalization, escalating sovereign debt, and persistently low interest rates threaten the future real returns of pension and retirement savings plans, the time has never been more critical to learn how to manage one’s capital. This course empowers the self-directed investor to take control of their financial future by giving them an essential set of investment management skills. Personal Portfolio Management will appeal to a very broad audience, from individuals with little or no experience in managing investments, to active traders seeking better methods of managing their retirement savings.
Students will learn the methods and strategies employed by top fund managers, learn a process of self-assessment and suitability, and then dive into the universe of ETF portfolio construction. You will learn the principles of active portfolio management and how to construct a portfolio that can weather market downturns through the use of exchange traded funds (ETFs). ETFs are quickly becoming recognized as the most effective way to achieve optimal asset/risk allocation, while also giving opportunity to participate in global markets and industry sectors.
Upon completion of the course you will have gained a considerable amount of investment knowledge, as well as new tools and methods which remain unknown to many retail investors. The instructor of this course is Larry Gazette, a 32-year veteran trader, active financial coach and wealth manager. As a student, you will gain immeasurably from his first-hand experiences, practical methods and teaching ability. Upon completion of the course, you will have gained a great amount of practical investment knowledge, a straightforward plan of action to portfolio construction, and be further on your path to financial independence.
Key ‘takeaways’ and topics to be covered in this course
- Develop a personal investment management plan with considerations of tax implications and future trends.
- Build and acquire a tool box for ETF selection, active portfolio management, performance monitoring and avoidance of unsuitable risks.
- Understand the real returns, risks and flexibility of ETFs versus mutual funds and individual stocks.
- Explore the opportunities and hazards of a variety of ETF classes: global, inverse, sector, volatility, currency etc.
- Learn how to properly diversify a portfolio; understand why traditional asset allocation approaches are less effective than a risk allocation approach.
- Learn how to profit from asset classes that are “out of line” with their historical relationships.
- Learn a new and innovative ETF portfolio performance enhancement method for increasing income through option strategies.
- Gain new insights into how the financial media, brokers and pundits affect the market and how to discern the news from the noise.
Module 1 – Why ETF’s?
- Comparing ETF’s with mutual funds: their implications on performance and sustainability.
- Attributes of ETF’s and reasons for their rapid adoption by financial market participants.
- An enlightening data based overview of the performance of actively managed vs. passively managed funds.
- How ETFs affect broader market performance, volatility and investment trends.
Module 2 – Establishing your Investment Plan
- Mission critical evaluation of investor’s expectations: psychological disposition, rationality, emotional manageability and how self-reliance and accountability influence your path to consistency.
- Understanding the demographic variables that affect portfolio construction and investment philosophy.
- Ascertaining your own core investment philosophy; the brutal truth of self-assessment.
- Learning how to assure portfolio construction is aligned with the Core Philosophy.
- Learn whether you should pursue the path of passive portfolio management, or active portfolio management.
Module 3 – ETF portfolio selection and suitability
- Build a suite of tools for ETF screening, evaluation, monitoring and optimization.
- Understanding the different paths of simple and sophisticated implementations while learning practical processes.
- Asset allocation vs. risk allocation: strategies which lead to a smoother profit curve.
- Optimizing a portfolio for sector trends, equity vs fixed income, and global trends.
- Identifying and staying clear of crowded ETF strategies: avoiding unsuitable or overvalued ETFs
Module 4 – Portfolio implementation process
- How the growing marketplace for retail trading platforms offers huge accessibility choices to today’s self-directed investor and qualifying what standard features every trading platform should have and what possible features are worth paying extra for
- Understand the differences between building an ETF portfolio with lump sum capital or term investments.
- How to construct a portfolio that maximizes your future opportunities.
- Comparing the vast array of financial firm platforms and products: the best vs. the worst, what you really need.
Module 5 – Risk Management
- Extensive unrestrained analysis of market risks with a specific emphasis on the ETF asset class.
- Mapping out a direct best practices approach aimed at increasing ETF portfolio performance, consistency and staying aligned with the investors Core Philosophy.
- Valuations and mass psychology: what is ‘overvalued’; finding value opportunities in today’s new economy.
- Identifying systemic risks and optimizing for systematic risk.
Module 6 – ETF trading opportunities
- A data rich exploration into what moves markets and how opportunities set up.
- Learning how to develop a data monitoring framework that can constantly evaluate the risk/reward of emerging trade set ups.
- In depth analysis of what are the most vulnerable ETF strategies currently deployed in the marketplace.
- Monitoring strategies for special situation opportunities
Module 7 – Increasing portfolio performance
- Learn an original performance enhancing strategy utilizing options to increase portfolio returns.
- Learn a detailed approach of how to maximize the return and minimize the risk of option overlay strategies.
- How and when to use options to increase portfolio income: understanding how to use volatility and time decay to your advantage.
- Implementing appropriate options strategies for different Core Philosophies (passive vs. active portfolio management).
- Risk management of option positions overlaying a portfolio.
Module 8 – Transcendence: (retirement and tax implications, future trends and financial media noise)
- This final module will explore ETFs as an integral part of a manageable financial plan utilized throughout our lifetimes.
- You will understand the macro effect of successful ETF portfolio implementation during our long wealth accumulation phase and how that portfolio will transition, at retirement, into our wealth distribution phase.
- A philosophical discussion of the growing opportunities with ETF’s and how in the future ETF’s will transition to an instrument that may ultimately challenge the survival of traditional mutual funds.
- Reading between the lines of the financial press: recognizing market noise and media hype in the markets
- Control, efficacy, value and the path to self-empowerment
- Future of 401(k)’s and mutual funds in an ETF world.
Course length: 2-4 weeks. Total class time: 16 hours (2 hours x 8 classes) + unlimited access to News vs. Noise chat room
- Classes will be held online via Skype.
- Schedule to be arranged according to mutual convenience between students and instructor.
- Students will have exclusive online access to learning materials via private learning portal.
- Instructor will guide you step by step as he shares his screen with you.
- Post course mentoring available.
* Discount of 10% if you bring a friend to the course.
** All students of this course will have unlimited access to our trader chat/mentoring platform (News vs. Noise)
What comes next?
As a graduate of the Personal Portfolio Management Course, you will have significantly shortened the learning curve to managing your investment portfolio. By following Larry’s strategies, you should have a lot more confidence in your financial future.
Although this course covers a significant amount of material related to risk management and trade planning, there is more to learn. For example, this course does not cover fundamental analysis of equity investing (much of which can be found in suitable complementary texts which Larry will suggest to you.) Also, you will likely want to expand your knowledge by taking the Macro-fundamentals of Financial Markets course, which will help you develop a deeper knowledge of global financial market trends, monetary and fiscal policy, and a deeper understanding sector rotation strategies. With these two courses, you will be far ahead of the vast majority of investors and will be able to confidently manage your own portfolio.