There is substantial evidence about how difficult it is to pick & trade stocks, while breaking-even or exceeding the overall performance of the market. One of the best tools for improving investment practices is Evidence-Based Investing (EBI). EBI involves the judicious use of current best evidence and applies it towards each investor’s specific needs. This challenges financial strategies on portfolios, in order to formulate optimal investing solutions. The goal of EBI is to maximize your after-tax returns, while minimizing risk and protecting portfolios from market downturns.
Evidence-Based Investing provides a fixed set of empirical and logical principles that make it possible to better judge the wisdom of investment advice. EBI also enhances the investor-adviser relationship by revisiting individual goals and personal situations, thereby increasing the likelihood of optimal gains in the future. EBI offers a way to answer investment questions in a systematic, analytical, and scientific manner and has fantastic benefits for investors.
Learn how to utilize EBI for optimal investing practices during Scott’s class: