Welcome back to the Salty Wisdom Wealth Strategies podcast. Today I will be talking about tactical investing, one of the four tier strategies I have when it comes to managing a stock portfolio. We will talk about some of the advantages and disadvantages of tactical investing.
Before making any decisions, I will give you a sound understanding, and a foundation of which questions to ask when you start doing your own research. I touch on how tactical investing can be both short and long term and how core investments are different from tactical investing. I also talk a little about tactical strategy and tactical intelligence and I share some real world examples.
It is important to keep in mind that I am not telling you which industries or companies are right for you. You should schedule a free consultation with me or any professional financial advisor to make sure you are meeting your investment needs.
In This Episode
[01:54] - Welcome to Salty Wisdom Wealth Strategies!
[02:17] - Let’s define what we mean by tactical investing.
[03:23] - I share an example for easier understanding.
[06:15] - Something that needs to be evaluated on a regular basis: current economic conditions.
[07:16] - Now let's look at defense stocks.
[09:57] - I am not saying tactical investing should be a trading strategy.
[12:15] - We have different economic and different financial environments here to consider.
[14:01] - Here are some questions to ask to get you started.
[16:00] - I offer up a different look at tactical strategy involving tactical intelligence.
[18:30] - When you are making day to day decisions, you are making a tactical decision.
[19:15] - Thank you and closing remarks.
Contact
Mark Melrose
Wealth Manager
Unity Wealth Management
980-262-4118