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)
ACTION POINT
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 […]
INVEST IN GROWING DIVIDEND STREAMS
INVEST IN GROWING DIVIDEND STREAMS Dreifus recommends: SPDR S&P Dividend ETF (SDY) – Holds all stocks in S&P 1500 that have raised dividends 20 consecutive years or more SDY data by YCharts Vanguard Dividend Appreciation Index ETF (VIG) – Chooses U.S. firms that have raised dividends 10 consecutive years or more VIG data by YCharts […]
WHAT TO LOOK FOR FROM YOUR INVESTMENT PROFESSIONALS
Look for Consistency, Discipline, Ceaseless Effort and Honesty from your investment professionals. [bliptv id=”iIdDg5qKHgA”]
AVOID THE UNDERPERFORMANCE TRAP
AVOID THE UNDERPERFORMANCE TRAP Investors chase performance: buy when funds are hot and sell when they cool off How to avoid the underperformance trap? Invest with a fund manager who suits your investment style. Don’t chase performance Buy incrementally
MAKE SURE YOU HAVE SOME “BORING” INVESTMENTS IN YOUR PORTFOLIO
[bliptv id=”h_Btg5ntfgA”]