The CFO Agency
  • About Us
  • Services
    • Service Pricing
  • Events
    • Players Club Retreat
  • Products
    • Books
    • Establish Your Financial Footprint
    • Mastering Your ROI
    • Move Through Your Money Blindspots
    • VIP Day
  • Blog
  • Testimonials
    • Total price:

      £0.00

      View Cart
      Checkout

Best Time To Get Out…..

June 29, 2017

June 29, 2017 CFO Agency

Best Time To Get Out…..

One question I am often asked is  “How do I know when to get out of an investment?”.

The best time to decide that is when you are first getting in.

The reason we make investments is for an expected return, also called ROI or return on investment.  You need to Know what that expectation is right up front .

  • Is the growth for further investing
  • Is it to pay off debt
  • Is it to put your child through college
  • Is it to go on a vacation 

Whatever the answer is, when you have achieved it, that is when you want to get out.

Often times I will see people stay in an investment thinking “I’ve met that goal lets pile on another one on top” and ultimately something will change and then none of the goals are met.

Your business is one of the biggest investments you will make.

Have you defined the expected ROI?

Are you building a cash machine, in other words a business that throws income to your personal balance sheet and then it is invested?

What size investment portfolio are you building?

What type of investment portfolio?

Or are you building an asset with your company, something that can be sold at a later date, providing long term cashflow?

Where are you in the process of building team and operating procedures so your company is marketable?

Will your  balance sheet also have assets such as equipment and vehicles or is it strictly a cash machine that operates without you?

The key is to be very clear before you invest your time, energy and money as to what you expect in return and by when.  Yes sometimes deadlines are changed, however the expected return will not.

Wondering what is the best scenario for you?  Let’s talk and get you set up to win for the long run!

Share

Sue

  • sue@thecfoagency.com
  • 83 Posts
Previous PostMy Perfect Day!
Next PostFinancial Independence…..What Does It Mean To You?

LEAVE A COMMENT Cancel reply

Your email address will not be published. Required fields are marked *

Questions? Feel free to reach out to us by any means below.

  • 175 Hutton Ranch Road Suite 103, Kalispell, MT 59901
  • 406-257-6044
  • wealth@thecfoagency.com

Questions? Feel free to reach out to us by any means below.

  • 175 Hutton Ranch Road Suite 103, Kalispell, MT 59901
  • 406-257-6044
  • wealth@thecfoagency.com

Twitter Feed

  • A wise mentor once told me – if you want more of something, give it away. We can all make a difference with a minds… https://t.co/JRKnugrrDs 2023/03/16
  • If you could pick one thing to accelerate this year for pivotal growth what would it be? If you have not yet made t… https://t.co/YQQrk3tW6o 2023/02/16
  • The end of the year is fast approaching and the Holiday bustle is in full swing. What went well? What didn’t? What… https://t.co/RP0cx4aGON 2022/12/22

© 2018 THE CFO AGENCY. ALL RIGHTS RESERVED. Designed by BRANDING FOR THE PEOPLE    Terms and Conditions

Download our FREE Gift ... 10 Tips for Increased ProfitabilityDOWNLOAD