SOME MORNINGSTAR PERRENIAL FAVORITES WITH LONG TRACK RECORDS American Funds New World (NEWFX) NEWFX data by YCharts Harding Loevner Emerging Markets (HLEMX) HLEMX data by YCharts Vanguard Emerging Markets Stock (VEIEX) VEIEX data by YCharts Watch the related WEALTHTRACK episode.
ACTION POINT
DON’T LET THE POLITICAL NOISE AFFECT YOUR INVESTMENT DECISIONS
DON’T LET THE POLITICAL NOISE AFFECT YOUR INVESTMENT DECISIONS Presidential campaigns are designed to tell us how bad things are Candidates promise to fix problems Negativity takes a toll on investor psychology Successful investors stick to investment discipline Focus on fundamentals Choose companies and securities that will excel in business no matter what […]
MAKE SURE YOU HAVE SOME NON-CORRELATED ASSETS IN YOUR PORTFOLIO
MAKE SURE YOU HAVE SOME NON-CORRELATED ASSETS IN YOUR PORTFOLIO Can provide price appreciation & capital preservation in market declines Hinder performance in bull markets Traditional non-correlated assets: Gold – favored insurance policy iShares Gold Trust (IAU) is long-time Morningstar analyst favorite Treasury Inflation-Protected Securities (TIPS) Can be purchased directly through the U.S. […]
STICK WITH YOUR FINANCIAL DISCIPLINE
STICK WITH YOUR FINANCIAL DISCIPLINE Have a plan you can live with Don’t be distracted by outside events Have one, two or three years of living expenses to prevent selling under duress Keep some cash in portfolio to take advantage of market declines Put cash to work in high conviction investments that have […]
“KNOW WHAT YOU OWN AND KNOW WHY YOU OWN IT”
“KNOW WHAT YOU OWN AND KNOW WHY YOU OWN IT” Do a Quick Stress Test Portolio Analysis What You Own is Cheaper Than it Was Do You Want to Make Slight Adjustments? Add to Long Term Holdings? Sell Questionable Investments? Watch the related WEALTHTRACK episode.
CONSIDER A MUNICIPAL BOND FUND FOR THE TAXABLE PART OF YOUR PORTFOLIO
CONSIDER A MUNICIPAL BOND FUND FOR THE TAXABLE PART OF YOUR PORTFOLIO MUNI ADVANTAGE Tax exempt from federal taxes Some are exempt from state and local taxes Pockets of municipal bond opportunity offering secure and attractive yields and returns Can be a minefield financially and politically Watch the related WEALTHTRACK episode.