WealthTrack

The right track to your financial health.

ACTION POINT

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

CONSIDER ALTERNATIVE SOURCES OF INCOME FOR YOUR RETIREMENT

CONSIDER ALTERNATIVE SOURCES OF INCOME FOR YOUR RETIREMENT Home is one source Have an available home equity line of credit for immediate liquidity Reverse Mortgages: Available under the FHA (Federal Housing Administration) backed program, HECM (Home Equity Conversion Mortgage) • Available to seniors 62 and over • Must live in the home and […]

OWN AT LEAST ONE FUND OR ETF WITH GROWING DIVIDENDS

OWN AT LEAST ONE FUND OR ETF WITH GROWING DIVIDENDS Offer a reliable income stream Companies tend to have sustainable competitive advantages Compelling total return Compounding potential Mbningstar favorites: T.ROWE PRICE DIVIDEND GROWTH (PRDGX) HARTFORD DIVIDEND AND GROWTH FUND (IHGIX) VANGUARD DIVIDEND APPRECIATION (VDAIX) (VIG) Watch the related WEALTHTRACK episode.

CONSIDER OWNING INTERNATIONAL SMALL CAP STOCKS

CONSIDER OWNING INTERNATIONAL SMALL CAP STOCKS Big & diverse universe Operate in countries representing 75% of world GDP Under-owned asset class Multi-year period of underperforming its historical average Much less expensive than American counterparts Track record of beating Small Cap U.S. stocks with less volatility Source of income 83% pay dividends vs. 43% […]