KEEP AN OPEN MIND ABOUT POTENTIAL INVESTMENT OPPORTUNITIES Technology, innovation & vision can transform industries that can change our lives Looking out for potential game changers can be financially beneficial Watch the related WEALTHTRACK episode.
Investing Principles
KNOW THYSELF AS AN INVESTOR
KNOW THYSELF AS AN INVESTOR Love investing? Do it yourself Want active management? Turn it over to professional investors through mutual funds or investment advisors Investing causes high anxiety? Go with a passive index fund. “No decision needed” strategy at a low cost Watch the related WEALTHTRACK episode.https://wealthtrack.com/wp-admin/media-upload.php?post_id=18870&type=image&TB_iframe=1
CHOOSE AN INVESTMENT APPROACH SUITABLE FOR YOU AND STICK WITH IT
CHOOSE AN INVESTMENT APPROACH SUITABLE FOR YOU AND STICK WITH IT Watch the related WEALTHTRACK episode.
CHOOSE AN INVESTMENT STRATEGY THAT MAKES SENSE FOR YOU AND ONE THAT YOU CAN ALSO STICK WITH
CHOOSE AN INVESTMENT STRATEGY THAT MAKES SENSE FOR YOU AND ONE THAT YOU CAN ALSO STICK WITH Figure out investment approach you can stick with through good markets and bad Choose managers who will stay with that approach consistently Find passive strategies that will enable you to stay invested at comfortable levels Watch […]
CONSIDER BUILDING A LADDERED TREASURY BOND PORTFOLIO ONLINE AND FEE FREE
CONSIDER BUILDING A LADDERED TREASURY BOND PORTFOLIO ONLINE AND FEE FREE Buy a series of bonds that mature at different times TREASURY BOND LADDER Bottom rungs – short-term maturities (1-2 years) Middle rungs – intermediate (5-7 years) Top Rungs – long-term (10-30 years) Diversify interest rates Insulate portfolio from ups & downs Keep […]
ADD THE 50% RULE TO YOUR INVESTMENT DECISIONS
ADD THE 50% RULE TO YOUR INVESTMENT DECISIONS Goal is to keep at least 50% of your profits after taxes and fees Apply that criterion to all of your investments: financial, real estate, art…. Stuart Lucas’ 50% Rule investing strategy [.pdf] Watch the related WEALTHTRACK episode.