Rely on Your Investment Policy Statement During Rocky Markets | Episode 040

In this episode Mark discusses the crucial role of an Investment Policy Statement (IPS) in guiding investment decisions and maintaining a long-term perspective during market volatility. 

He references a detailed article from the Bogleheads and explains the benefits of an IPS, including setting investment goals, asset allocation, risk tolerance, and rebalancing strategies. Mark also shares his personal Investment Policy Statement and emphasizes the importance of creating and adjusting it during calm market periods. 

Listeners are encouraged to create or refine their IPS to achieve financial success.

If you would like your question answered on the show, please send an email to [e-mail] and put “podcast question” in the subject line.

Episode Links:

Mark’s Money Mind YouTube Channel

FinTalks Cruises

Bogleheads Investment Policy Statement Article

Warren Buffett’s Letter to Shareholders - February 2025

The Simple Path to Wealth by JL Collins

Timestamps:

• 00:57 Recent Events and Market Volatility
• 01:56 Understanding Investment Policy Statements
• 04:07 Market Trends and Insights
• 06:34 Creating Your Own Investment Policy Statement
• 12:13 Mark's Personal Investment Policy Statement
• 18:49 Rebalancing and Monitoring Your Portfolio
• 22:58 When to Revise Your Investment Policy Statement
• 25:25 Upcoming Episodes

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