STAY CAUTIOUS No one knows how the global recession will play out Profound changes occurring Time to be prudent and cautious Watch the related WEALTHTRACK episode.
ACTION POINT
HAVE AT LEAST ONE ASSET THAT IS NOT CORRELATED TO THE STOCK MARKET
HAVE AT LEAST ONE ASSET THAT IS NOT CORRELATED TO THE STOCK MARKET ADD SOME GOLD TO YOUR PORTFOLIO LARGE AND ESTABLISHED GOLD ETFS: SPDR GOLD SHARES ETF (GLD) ISHARES GOLD TRUST ETF (IAU) CASH AND CASH EQUIVALENTS 3 MONTH TREASURY BILLS AND OTHER TREASURY SECURITIES CAN PURCHASE TREASURY SECURITIES DIRECTLY FROM U.S. […]
KNOW YOUR RISK TOLERANCE AS AN INVESTOR
KNOW YOUR RISK TOLERANCE AS AN INVESTOR Understand Your Own Risk Tolerance Put to the Test During Market Turmoil Are You an Investor or a Speculator? Watch the related WEALTHTRACK episode.
CHECK YOUR ALLOCATION TO STOCKS
CHECK YOUR ALLOCATION TO STOCKS A big risk for pre-retirees and retirees is a major decline in retirement funds Lack of time to make it up More than one- third of baby boomers’ 401(k)s: +70% in stocks Almost one-tenth of baby boomers’ 401(k)s:100% in stocks Watch the related WEALTHTRACK episode.
GIVE YOUR PORTFOLIO A NON-CONSENSUS INVESTING REVIEW
GIVE YOUR PORTFOLIO A NON-CONSENSUS INVESTING REVIEW Where Most Vulnerable To Declines: Highest Risk Areas = Most Appreciation With Lagging Fundamentals Appreciation Vs. Fundamentals (2019 Performance) S&P 500 +29% capital appreciation S&P 500 +2% earnings per share Watch the related WEALTHTRACK episode.
DON’T CHASE PERFORMANCE
DON’T CHASE PERFORMANCE Studies show: Individual investors underperform funds they invest in They buy into funds after periods of exceptional performance (buy high) They sell funds after periods of underperformance (sell low) Watch the related WEALTHTRACK episode.