WHAT’S REALLY OUT OF FAVOR? Gold: a substitute for cash, universally recognized store of value U.S. Treasury Securities: shorter term treasuries offer haven against market storms. They are liquid and guarantee of principle.
ACTION POINT
DON’T UNDERESTIMATE THE POWER OF DIVIDENDS
DON’T UNDERESTIMATE THE POWER OF DIVIDENDS
WHAT IT TAKES
Read [amazon-product text=”What it Takes” type=”text”]1118517725[/amazon-product]. Know When You Are A Customer Or A Client As a “customer”, up to you to decide to buy a product or not As a “client”, a firm should put your interests first and act as a fiduciary
CONSIDER OWNING HIGH QUALITY SMALL CAP STOCKS
Own both U.S. and international small caps Many higher quality small cap stocks: Dominate business niche Conservatively run Pay dividends
RECOGNIZE THE VALUE OF CASH IN YOUR PORTFOLIO
RECOGNIZE THE VALUE OF CASH IN YOUR PORTFOLIO Cash: Protects portfolios from losses Provides buying power when assets get cheap again
MAKE SURE YOU AND YOUR INVESTMENTS MATCH, IN SUBSTANCE, STYLE AND PERSONALITY
Over the years we have covered the distressing difference between how mutual funds’ perform and the poorer results investors in those same funds get. We call it the underperformance gap. It’s not just fees, trading costs and taxes that explain the difference: a huge factor is investor behavior. The moral to this story is: if […]