Jasper Goodman is based out of Raleigh, North Carolina. He is a self-employed real estate investor with well over a decade of experience in the field. Jasper began to explore real estate investing in the early 2000s and founded his own firm several years later. Building Landstar Investment Group, LLC., Jasper has become well-versed in the various aspects of managing a business. He loves every challenge and being able to make his own schedule while investing in projects he is passionate about.
Working in Raleigh, Jasper Goodman has had to learn how to navigate a highly competitive market and find the best deals to turn a profit. Most of his time is spent building investment plans, managing his portfolio, and finding new properties to consider. Since he manages most of the administrative aspects of his company personally, Jasper knows the company inside and out and is always ready to jump on a great property when the opportunity presents itself. He is a skilled negotiator who is often juggling multiple projects while ensuring his business stays organized.
Thanks to running his own firm, Jasper Goodman is not only a skilled property investor but also a highly knowledgeable businessman. He handles everything from budgeting and file management to property development and investment strategy. Many of these things he has had to learn on his own through the process of building his own business. He has leveraged his network and has built positive relationships with his tenants, ensuring his properties are well cared for and bringing in a consistent profit.
Jasper Goodman is also a big baseball fan. He loves following his favorite professional teams each season and seeing his favorite players develop. Additionally, he plays whenever he can and even coaches a local team in his free time. Jasper enjoys getting to be involved in the community in this way, sharing his love for this timeless sport and helping the team improve.
Jasper Goodman Shares Helpful Advice on Building an Investment Portfolio
Building an investment portfolio is an essential step toward achieving your financial goals. A well-diversified portfolio can provide stability, growth, and the potential for long-term wealth accumulation. Whether you’re a novice investor or looking to refine your existing portfolio, here is some knowledgeable advice to guide you.
1. Define Your Investment Objectives:
Before you begin, it’s crucial to have a clear understanding of your investment goals. Are you aiming for retirement savings, wealth accumulation, or a specific financial milestone? Defining your objectives will help shape your investment strategy.
2. Assess Risk Tolerance:
Evaluate your risk tolerance level based on your comfort with market fluctuations and potential losses. Consider your age, financial responsibilities, and overall financial situation. Your risk tolerance will influence the mix of assets in your portfolio.
3. Diversification is Key:
Diversification is spreading your investments across different asset classes, industries, and geographic regions. This helps mitigate risk and reduces the impact of poor performance in any investment. A well-diversified portfolio may include stocks, bonds, real estate, and other assets.
4. Understand Asset Allocation:
Asset allocation involves determining the proportion of your portfolio allocated to various asset classes. The allocation should align with your risk tolerance and investment goals. Generally, younger investors may have a higher allocation to stocks for growth, while older investors may favor bonds for income and stability.
5. Consider Investment Horizon:
Your investment horizon refers to the length of time you plan to hold your investments. Short-term goals may require more conservative investments, while long-term goals can accommodate a higher level of risk for potentially higher returns.
6. Research and Due Diligence:
Thoroughly research potential investments before adding them to your portfolio. Understand the fundamentals of the companies, industries, or assets you’re considering. Consider factors like historical performance, financial health, and market trends.
7. Regularly Review and Rebalance:
Markets and investment performance can fluctuate, impacting your portfolio’s allocation. Regularly review your portfolio to align with your objectives and risk tolerance. Rebalance by selling or buying assets to maintain your desired allocation.
8. Stay Informed:
Keep up-to-date with financial news, economic trends, and market developments. Staying informed allows you to make informed decisions and adjust your portfolio strategy.
9. Seek Professional Advice:
Consider consulting a financial advisor who can provide personalized guidance based on your individual financial situation and goals. An advisor can help you create a well-structured and tailored investment portfolio.
10. Stay Patient and Disciplined:
Investing is a long-term endeavor that requires patience and discipline. Avoid making impulsive decisions based on short-term market fluctuations. Stick to your investment strategy and allow your portfolio to grow over time.
Building an investment portfolio is a thoughtful and strategic process that requires careful consideration of your objectives, risk tolerance, and investment horizon. Diversification, asset allocation, and regular review are essential to a successful portfolio. By following these steps and seeking professional advice when needed, you can work toward achieving your financial goals and securing a more prosperous future.
