CONSIDER AUTOMATING SOME OF YOUR INVESTMENT DECISIONS Automatic deposits to savings or tax-deferred accounts Setting up a robo-account to automatically invest and rebalance your portfolio Buying a Target Date Fund to prepare for your retirement Automatic Dividend Reinvestment Plans Watch the related WEALTHTRACK episode.
ACTION POINT
USE PASSIVE AND ACTIVE TO YOUR COMFORT LEVELS
USE PASSIVE AND ACTIVE TO YOUR COMFORT LEVELS NO INTEREST IN INVESTING: Choose index funds Diversify globally & by asset class Include safe haven investments e.g. Treasury bonds & Gold COMFORT LEVEL COMBINATION: Core position in broad global stock index fund or ETF Satellite positions in actively managed mutual funds Possible Specialties: Small […]
PUT THE POWER OF COMPOUNDING DIVIDENDS TO WORK FOR YOU
PUT THE POWER OF COMPOUNDING DIVIDENDS TO WORK FOR YOU COMPOUNDING POWER Companies with long history of paying and growing dividends “Dividend Aristocrats” S&P 500 companies that have increased annual dividends for at least 25 consecutive years DRIPs: Dividend Reinvestment Plans Automatically reinvest dividends in new shares Popular dividend growing ETFs: SPDR S&P […]
ELON MUSK: TELSA, SPACE X, AND THE QUEST FOR A FANTASTIC FUTURE
READ ELON MUSK: TELSA, SPACE X, AND THE QUEST FOR A FANTASTIC FUTURE Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future Watch the related WEALTHTRACK episode.
OWN SOME BONDS TO DIVERSIFY YOUR PORTFOLIO
OWN SOME BONDS TO DIVERSIFY YOUR PORTFOLIO Investment grade corporate bonds and Treasury bonds have been non-correlated assets Provide a counterweight to stock prices Watch the related WEALTHTRACK episode.
READ “THE EVERYTHING STORE: JEFF BEZOS AND THE AGE OF AMAZON”
READ “THE EVERYTHING STORE: JEFF BEZOS AND THE AGE OF AMAZON” The Everything Store: Jeff Bezos and the Age of Amazon Watch the related WEALTHTRACK episode.