Current or Phase I:
Start by implementing an income strategy, for example...
PHASE II
Begin implementation of diversified portfolio of equities and bonds to generate tax-free income.
Continue to execute income strategies to enhance cash flow and reduce margin.
PHASE III
Evaluate active tax-loss harvesting strategy to reduce taxes.
Continue building a portfolio with added diversification and income streams, and execute income strategies to enhance cash flow and reduce margin.
LONG TERM
The portfolio will be more diversified, grow, and generate a steady of flow of income.
Maintain active tax-loss harvesting strategy.
Strive to Reduce Volatility Inherent with a Single-Stock Concentration.
Maximize the divestment value using in-depth fundamental and technical analysis.
Work towards generating cash-flow income with the sale of stock or index options.
Example: Phases of Diversification
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