CONSULT A FINANCIAL PLANNER AT LEAST ONCE ABOUT YOUR PLANS RETIREMENT ADVICE CREDENTIALS Certified Financial Planner, CFP Retirement Income Certified Professional, RICP Retirement Management Analyst, RMA Watch the related WEALTHTRACK episode.
ACTION POINT
INVEST SOME MONEY IN EMERGING MARKET STOCKS
INVEST SOME MONEY IN EMERGING MARKET STOCKS Most dynamic long-term growth Belong in long time horizon, growth part of portfolios Watch the related WEALTHTRACK episode.
DIVERSIFY YOUR INCOME SOURCES
DIVERSIFY YOUR INCOME SOURCES FRIDSON: Diversifying With Dividend Growing Stocks and Preferred Securities RYON: Diversifying Within Municipal Bond Portfolios and Through Laddering Their Maturities Watch the related WEALTHTRACK episode.
MAKE SURE YOUR STOCK PORTFOLIO IS DIVERSIFIED INTERNATIONALLY
MAKE SURE YOUR STOCK PORTFOLIO IS DIVERSIFIED INTERNATIONALLY U.S. Stocks have led bull market Take some profits Reallocate to international stock markets True diversification means some “uncomfortable” investments European & emerging market stocks Include foreign small cap stocks Watch the related WEALTHTRACK episode.
DIVERSIFY YOUR RETIREMENT PORTFOLIO
DIVERSIFY YOUR RETIREMENT PORTFOLIO International Developed Country stocks Emerging Market stocks Small, Midcap & Large U.S. stocks Outperformed U.S.-centric, large cap S&P 500 index Watch the related WEALTHTRACK episode.
HOLD A FAIR AMOUNT OF CASH
HOLD A FAIR AMOUNT OF CASH RAISE CASH BY TRIMMING YOUR MOST PROFITABLE INVESTMENTS Watch the related WEALTHTRACK episode.