“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.
ACTION POINT
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.
THINK LIKE A CONTRARIAN FOR A PORTION OF YOUR PORTFOLIO
THINK LIKE A CONTRARIAN FOR A PORTION OF YOUR PORTFOLIO Look at most beaten-up markets, industries and stocks Find highest quality companies or funds in them Battered areas to consider nibbling in: Commodities: metals and mining Emerging markets such as China High-yield bonds: especially energy firms Watch the related WEALTHTRACK episode.
USE THE MARKET’S VOLATILITY TO YOUR ADVANTAGE
USE THE MARKET’S VOLATILITY TO YOUR ADVANTAGE REVIEW MOST NERVE RACKING POSITIONS DECIDE TO TRIM OR SELL? CONSIDER MAKING IRA CONTRIBUTIONS NOW WHILE ASSETS ARE CHEAPER CONSIDER A SMALL STAKE IN A HIGH QUALITY, HIGH-YIELD BOND FUND Watch the related WEALTHTRACK episode.
PAY ATTENTION TO PRICE IN YOUR INVESTMENTS
PAY ATTENTION TO PRICE IN YOUR INVESTMENTS Watch the related WEALTHTRACK episode.
CONSIDER AN ACTIVELY MANAGED FUND THAT WILL GIVE YOU BROAD PORTFOLIO DIVERSIFICATION
CONSIDER AN ACTIVELY MANAGED FUND THAT WILL GIVE YOU BROAD PORTFOLIO DIVERSIFICATION BlackRock Global Allocation Fund vs. FTSE World Index (Since 2/89 Inception) Equity-like returns: Upside Capture: 70% Less than market risk: Downside Capture: 43% Watch the related WEALTHTRACK episode.
