Plucked from my email:
“Let’s start with our goals and tolerance for risk since both should drive all other investing decisions. … willingness to tolerate market volatility and having a strategy for coping with it… allows us to handle a high level of risk. … we are getting “the market’s” return for a large part of our portfolio.” AAII
Got Goals?
Defined Risk?
The Best Book on the topic for me, a hands-on investor and personal money manager: