HOLD A FAIR AMOUNT OF CASH RAISE CASH BY TRIMMING YOUR MOST PROFITABLE INVESTMENTS Watch the related WEALTHTRACK episode.
ACTION POINT
LOOK FOR INDEPENDENT-MINDED MANAGERS WHO THINK LIKE OWNERS
LOOK FOR INDEPENDENT-MINDED MANAGERS WHO THINK LIKE OWNERS “PATIENT CAPITAL” OUTPERFORMS High “Active Share” Portfolios + Trade Infrequently = 2%+ average annual outperformance Source: “Patient Capital Outperformance” by Martijn Cremers & Ankur Pareek Watch the related WEALTHTRACK episode.
CONTRIBUTE TO A YOUNG PERSON’S ROTH IRA
CONTRIBUTE TO A YOUNG PERSON’S ROTH IRA Watch the related WEALTHTRACK episode.
ADD TWO BUFFETT BOOKS TO YOUR SUMMER READING LIST
ADD TWO BUFFETT BOOKS TO YOUR SUMMER READING LIST Watch the related WEALTHTRACK episode.
ADD SOME TIPS, TREASURY INFLATION-PROTECTED SECURITIES TO YOUR PORTFOLIO
ADD SOME TIPS, TREASURY INFLATION-PROTECTED SECURITIES TO YOUR PORTFOLIO INVESTING IN TIPS TreasuryDirect.gov Morningstar recommends: Schwab US TIPS ETF (SCHP) Vanguard Short-Term Inflation-Protected Securities Index (VTIP) Vanguard Inflation-Protected Securities Fund (VIPSX) Watch the related WEALTHTRACK episode.
CONSIDER ADDING SOME COMMODITY EXPOSURE TO YOUR PORTFOLIO
CONSIDER ADDING SOME COMMODITY EXPOSURE TO YOUR PORTFOLIO COMMODITIES ARE: Currently unpopular Cheap “Only asset class to make money in an inflation shock” Credit Suisse Commodity Return Strategy (CRSOX): “…Morningstar’s sole actively managed medalist fund in the commodities broad-basket category…” CRSOX data by YCharts Greenhaven Continuous Commodity ETF (GCC) “…it equally weights various […]