Beyond Financial Fitness Workbook

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the real rate of return and divide it into the number 72. Calculate the different examples to see when your investments will double: True/False 8. Rebalancing your portfolio at least once a month is good idea. One way to help set things up in a way that allows them to roll on automatically and without sabotaging them is to sign a contract with yourself. A personal contract compels you to make a commitment out of your good intentions. I, ____________________ ___________________________, hereby state that I am an investor seeking to accumulate wealth for the long term. I realize there will be times when I am tempted to get caught up in speculation because a particular stock or bond has “gone up” or is a “hot tip” or “sure thing.” I may also get panicked like everyone else and be tempted to sell out on good investments merely because they have “gone down.” I hereby declare my refusal to allow a mob or herd of strangers to have input into my financial future. I don’t run with mobs or herds anyway. I also promise myself not to invest simply because the market itself has “gone up” or sell because it has “gone down.” Instead, I will be methodical and mature about my investing, killing consumer debt like a cancer, pouring all I can into myself and my primary income source and/or business, consistently using the surplus to accumulate assets over time. I will invest $____________.00 per month into my education, self, primary income source and/or business. I will then invest $ ___________.00 per month, each and every month, no matter what, through an automatic investment plan or Dollar Cost Averaging program, into the following overall asset allocation: ____________________________________%
____________________________________% ____________________________________% ____________________________________% ____________________________________% ____________________________________% ____________________________________% I will also invest additional amounts whenever I can. I hereby declare that I will hold each of these investments continually until at least the following date (a minimum of 10 years from the date of this contract): ______________________________ ________, 20______. (I will allow exceptions to this for an emergency over which I otherwise would have no control, such as a major accident, loss of primary income, or something equally devastating.) By signing below, I am stating to myself my intention to abide by these terms and to reread this document each month when I am reviewing my dollar-cost averaging purchases or whenever I am tempted to follow the herd and sell or buy merely because of mob sentiment. This contract is valid only once signed by me (and spouse, if jointly declared) and by at least one witness. Signed (spouse #1) - Date: Signed (spouse #2) Witness
Page 4 and 5: The information presented in this b
Page 7 and 8: CONTENTS Introduction Part I—Comp
Page 9: that outlines how you will earn, sa
Page 12: Your goal should be to get by on on
Page 15 and 16: In what ways are you currently “i
Page 17: Think of some examples of people yo
Page 20 and 21: Do you already have a Durable Power
Page 24 and 25: FOUR The Top of Hierarchy “The gr
Page 26: • Index funds are an easy way to
Page 29: How does deflation affect your fina
Page 33 and 34: What does this chart tell you about
Page 35: True/False 2. If interest rates go
Page 39: True/False 4. ETFs will almost alwa
Page 42 and 43: What does this graph tell you about
Page 44: Bonds = 35% Stocks = 40% Real Estat
Page 47: “Trust in time rather than ______
Page 52 and 53: True/False 10. Those who sufficient

Beyond Financial Fitness Workbook

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