Leadership Simplified: Doug Van Dyke

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Manage Corporate Assets Like Investments, or Not

The stock market goes up, the stock market goes down. Repeat. This has been the trend over the past few years. It is maddening for some, and causes others to just sit on the sidelines. It seems like the good old investment days of “buy and hold,” are over. Thus, many people who would otherwise prefer to be passive investors, should realize they must take an active interest in their long-term financial welfare. This does not mean simply turn over your investments to a financial professional. Rather, just as you do in your business; keep tabs on your assets. Manage them yourself or manage the people to whom you delegate the oversight of your precious assets. The bottom line is this: whether it is business assets or personal investment assets, make certain that your fingers are on the pulse of their performance.

Posted by Doug Van Dyke on 2010-08-03 at 07:29 AM
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