Many new and inexperienced players Many strategies are untested in different market cycles High fees compared to traditional mutual funds Experience counts Go with managements with proven track records over many years and market cycles Watch the related WEALTHTRACK episode.
Asset Allocation
OWN SOMETHING YOU ARE UNCOMFORTABLE WITH, WITHIN REASON!
LEUTHOLD RECOMMENDS SPDR GOLD SHARES (GLD) GLD data by YCharts Watch the related WEALTHTRACK episode.
BRIAN ROGERS: CONSIDER REBALANCING YOUR PORTFOLIO
CONSIDER REBALANCING YOUR PORTFOLIO – Trim overvalued winners – Add to undervalued laggards Stock Portfolio Potential trims: U.S. stocks, especially small cap stocks Potential adds: Emerging market stocks Bond Portfolio Potential trims: High yield bond winners Potential adds: Short term Treasury notes and T-bills High quality emerging market government and corporate bonds
STAY BROADLY DIVERSIFIED AMONG ALL MARKETS
“You are not truly diversified until you own something you are really uncomfortable with” – Peter Bernstein
REASONS TO BUY OR SELL STOCKS
Personal financial objectives Tolerance for risk Investment time horizon Level of stock prices Watch this episode here.
CONSIDER OWNING SOME SCARCE RESOURCES IN YOUR PORTFOLIO
SPDR Gold Shares (GLD) GLD data by YCharts Global Timber & Forestry Index (WOOD) WOOD data by YCharts Watch this Episode