Do you have a piece of paper? Good, let's get started. Strategic initiatives are the means through which a vision is translated into everyday practice.
Let's organize the personal information we gathered earlier in this section and begin from there. You have made an honest self-assessment, you have defined Your Objectives and Your Risk Tolerance to paper. You realize that you seek to endeavor down the path of personal wealth management and here you are at the stage of contemplating a course of action - Your Strategic Initiatve.