READ FALLING SHORT: THE COMING RETIREMENT CRISIS AND WHAT TO DO ABOUT IT – Charles D. Ellis, Alicia H. Munnell and Andrew D. Eschtruth HELPFUL PERSONAL FINANCE ADVICE FINANCIAL ADVANTAGES OF: Working longer Taking Social Security later Using home as source of retirement income Watch the related WEALTHTRACK episode.
ACTION POINT
CONSIDER ADDING A LITTLE ENERGY TO YOUR PORTFOLIO
Morningstar Energy Favorite Vanguard Energy ETF (VDE) VDE data by YCharts Watch the related WEALTHTRACK episode.
TAKE ADVANTAGE OF TAX DEDUCTIBLE GIFTS
Donate appreciated stocks or mutual funds to favorite charity Must have held for at least one year Make bequests during your lifetime Give up to $14,000 per person to as many people as you like without filing a gift-tax return Max out 401(k) plan Watch the related WEALTHTRACK episode.
BE A PATIENT INVESTOR
BE A PATIENT INVESTOR Time is on your side Don’t be afraid to wait for better opportunities and prices Watch the related WEALTHTRACK episode.
READ JOEL GREENBLATT’S THE LITTLE BOOK THAT STILL BEATS THE MARKET
Watch the related WEALTHTRACK episode.
TAKE A LOOK AT MUNICIPAL BONDS
YIELDS ON HIGH-YIELD MUNICIPAL BONDS WERE SIGNIFICANTLY ABOVE THOSE ON IRAQI GOVERNMENT DEBT PERCEPTION OF RISK IN THE MUNI MARKET DOES NOT REFLECT REALITY FEDERAL INCOME TAXES HIGHER THAN THEY HAVE BEEN SINCE BEFORE REAGAN PRESIDENCY YIELD LEVELS ON TAX FREE MUNIS VERY ATTRACTIVE, ESPECIALLY COMPARED TO OTHER TYPES OF BONDS Watch the related WEALTHTRACK […]
