NEVER FORGET THAT MARKETS ARE RISKY Bucket of liquid, short-term assets: – Cash in savings account – Cash equivalents such as short-term Treasury bills Savings bucket will see you through bear markets without depleting principal retirement account Watch the related WEALTHTRACK episode.
ACTION POINT
OWN SOME INFLATION FIGHTERS IN YOUR PORTFOLIO
OWN SOME INFLATION FIGHTERS IN YOUR PORTFOLIO TIPS – Treasury Inflation-Protected Securities Kiplinger’s suggest: Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) – One of cheapest fund in category – Focuses on TIPS maturing in less than 5 years VTIP data by YCharts Watch the related WEALTHTRACK episode.
DON’T OVERLOOK THE CONTRIBUTION LIFE INSURANCE CAN MAKE FOR RETIREMENT
DON’T OVERLOOK THE CONTRIBUTION LIFE INSURANCE CAN MAKE FOR RETIREMENT Term Life Insurance Immediate cash to cover expenses Tax-free Permanent Life Insurance Can borrow from in retirement Many have imbedded annuitization which can be turned into a guaranteed income stream for life Some policies offer long-term care riders to use for long-term care Watch the […]
MAKE SURE YOU HAVE A SAFE HAVEN ASSET IN YOUR PORTFOLIO
MAKE SURE YOU HAVE A SAFE HAVEN ASSET IN YOUR PORTFOLIO Gold: A logical choice Universally recognized and traded as safe haven Minerd recommends maximum 5% holding Jean-Marie Eveillard recommends maximum 10% Buying gold is a hassle Alternative is gold ETF SPDR Gold Shares (GLD) iShares Gold Trust (IAU) Watch the related WEALTHTRACK episode.
DON’T GET CAUGHT UP IN THE INVESTMENT CRAZE OF THE MOMENT LONG-TERM CRITERIA Risk-Adjusted Returns Does the fund cushion you during market declines? Inflation-Adjusted Returns – Does it protect your purchasing power? Consistency of Investment Style & Discipline Diversification of Holdings Attention to Costs Watch the related WEALTHTRACK episode.
CONSIDER INVESTING IN A SOCIALLY RESPONSIBLE FUND, EITHER ACTIVELY MANAGED OR PASSIVE
CONSIDER INVESTING IN A SOCIALLY RESPONSIBLE FUND, EITHER ACTIVELY MANAGED OR PASSIVE U.S. Socially Responsible Investments in 2016 $8.72 Trillion MORNINGSTAR FAVORITES Calvert Funds Parnassus Funds Parnassus Fund (PARNX) Large growth fund Strong long-term track record PARNX data by YCharts Watch the related WEALTHTRACK episode.
