TAKE ADVANTAGE OF THE POWER OF COMPOUNDING IN STOCKS “All the commercial push is behind telling you that you ought to think about doing something today that’s different than you did yesterday. You don’t have to do that. You just have to sit back and let American industry do its job for you.” […]
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PUT ASIDE AT LEAST A YEAR’S WORTH OF LIVING EXPENSES TO SEE YOU THROUGH MARKET DECLINES
PUT ASIDE AT LEAST A YEAR’S WORTH OF LIVING EXPENSES TO SEE YOU THROUGH MARKET DECLINES Murray recommends two years of living expenses Market downturns are inevitable Being forced to sell into decline can be harmful, even devastating to long-term financial security Watch the related WEALTHTRACK episode.
APPLY SOME MOTLEY FOOL INVESTMENT PRINCIPLES TO YOUR PORTFOLIO
APPLY SOME MOTLEY FOOL INVESTMENT PRINCIPLES TO YOUR PORTFOLIO EXTEND YOUR HOLDING PERIODS FOR THE STOCKS AND MUTUAL FUNDS YOU BELIEVE IN GARDNER RIDES HIS “RULE BREAKER” WINNERS FOR YEARS DAVID GARDNER’S STOCK ADVISOR PORTFOLIO HAS HAD SOME BIG LOSERS IT HAS UNDERPERFORMED THE MARKET IN FOUR OF THE LAST 13 YEARS Watch […]
READ “THINKING, FAST AND SLOW” BY NOBEL PRIZE WINNER DANIEL KAHNEMAN
READ “THINKING, FAST AND SLOW” BY NOBEL PRIZE WINNER DANIEL KAHNEMAN Dual-Process Brains “Fast” System 1: Quick, intuitive, & even delusional “Slow” System 2: Deliberate, requiring effort, concentration, tiring easily Watch the related WEALTHTRACK episode.
SEE A FINANCIAL PLANNER TO DISCUSS GUARANTEED INCOME OPTIONS
SEE A FINANCIAL PLANNER TO DISCUSS GUARANTEED INCOME OPTIONS GUARANTEED FOR LIFE INCOME Immediate annuities Payouts start immediately upon purchase Deferred Income Annuities Payouts start at a future date Qualified Longevity Annuity Contracts (QLACs) Approved in 2014 Used in IRAs, 401(k)s, approved retirement plans Fixed Income Annuities Excluded from traditional required minimum distributions […]
CONSIDER ADDING SOME EMERGING MARKETS TO YOUR PORTFOLIO
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.