DON’T BE AFRAID TO TAKE INVESTMENT RISKS, JUST KNOW WHEN YOU ARE Watch the related WEALTHTRACK episode.
ACTION POINT
DON’T THROW OUT THE BABY WITH THE BATHWATER
DON’T THROW OUT THE BABY WITH THE BATHWATER, IN THIS CASE MORNINGSTAR’S WIDELY USED FIVE- STAR RATING SYSTEM FOR MUTUAL FUNDS. Watch the related WEALTHTRACK episode.
CONSIDER USING MULTIPLE INVESTMENT APPROACHES
CONSIDER USING MULTIPLE INVESTMENT APPROACHES Matthew Peron is using combination of active, passive, fundamental and quantitative Watch the related WEALTHTRACK episode.
NEVER FORGET THAT MARKETS ARE RISKY
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.
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 […]