Treat Your Social Security As A Bond Holding For instance $21,000 of Social Security income a year is equal to holding a $700,000 portfolio of 10 Year Treasury bonds yielding 3 percent.
ACTION POINT
DAVID WINTERS ACTION POINT
Stick with investors and companies that are built to last.
TAKE ADVANTAGE OF THE POWER OF COMPOUNDING
Take Advantage Of The Power Of Compounding Automatically re-invest dividends, interest and capital gains in mutual funds, ETFs, etc.
BEWARE THE SIGNS OF IRRATIONAL EXUBERANCE…
Beware The Signs Of Irrational Exuberance And Market Bubbles Wherever They Occur The signs are always the same: irrational exuberance driving prices far above the underlying fundamentals.
CONSIDER OWNING MUNICIPAL BOND FUNDS
Consider Owning Municipal Bond Funds Historically low default rates Tax free interest Competitive yields Offer portfolio diversification A “non-correlated” asset Among Morningstar’s Recommendations: Fidelity Intermediate Municipal Income Fund (FLTMX)
PAY ATTENTION TO THE MORNINGSTAR MANAGER OF THE YEAR AWARDS
Pay Attention to the Morningstar Manager of the Year Awards They identify skilled investors over multi-year periods in good and bad markets Future Performance of Morningstar Fund Managers of the Year By a 3-1 margin winners (in top two quintiles of fund performance) outnumber losers (in bottom two quinitles of fund performance) in next 5 […]