The rate of return that a person earns on their investments is one of the biggest factors in how quickly their wealth will grow. There are few people that have been able to build wealth over time that do not have a high rate of return on their investments. Many people are not comfortable planning their own investments out for the future. There are many hedge funds and investment banks that help people earn a higher rate of return on their investments. At the end of the day, anyone that is looking to earn a higher rate of return on their money should work with the professionals in the field. Ken Griffin of wallstreetjournal is one of the leading advisers in the investment bank community, and there are thousands of people that trust him with their money. He is the founder and CEO of Citadel, which is a huge hedge fund based in Chicago. Even though they have a large amount of success over the past couple of years, they still care about all of their clients in an intimate way. Here are a couple ways that anyone can increase their rate of return on their portfolio.
Perhaps the most simple way to increase the rate of return that a person earns on their portfolio is the diversify the investments. This is a concept that is taught in all investment classes for people that want to learn. There are several reasons that taking this approach will increase the rate of return in a portfolio. Over time, a person that is diversified will be able to handle the up and down periods of the market in a much more straight path. This should be something that every investor works on with their adviser.
Take Good Risks
There is no doubt that investing as a whole is a big risk. There are many people that do not like to think about investing and losing money. However, the best way to increase the rate of return in a portfolio is to take good risks. There are many different areas of the economy that are not strong right now. When an industry is down, this can be the best time to invest and earn a high rate of return. For example, in the depths of the housing crisis there were many people that purchased homes in the bottom of the market and earned a great return.
Kenneth Griffin is the founder and CEO of Citadel. He has been able to lead this hedge fund through many different tough times in the industry, and today the company is one of the leaders in the field. There are few people with the vision that Kenneth Griffin has, and anyone that is looking to own or run a business would do well to take on some of his qualities. Not only is he extremely passionate about what he does, but he also cares deeply about the customer and their welfare over the long term.