The Underperformance Gap: Most investors do substantially worse than the mutual funds they invest in Investors sell funds that underperform for 2-3 years Investors switch to funds with several years of outperformance Sell low/ buy high strategy is sure fire recipe for subpar results If you can’t tolerate sticking with a manager who isn’t doing […]
ACTION POINT
CONSIDER BUYING A HOME SOONER RATHER THAN LATER IF PLANNING TO BE IN THE MARKET FOR ONE
Until recently waiting to buy a home paid off: Prices going down Mortgage rates were declining Exact opposite happening now: Home prices and mortgage rates are going up Watch this Episode
ASSESS YOUR RISK TOLERANCE WITH A FINANCIAL ADVISOR
Determine the rate of return needed to reach your life’s goals Ask yourself how much you can afford to lose over the course of any given year and reach those goals Understand your emotional tolerance for risk Watch this Episode
SOMETIMES STAND AGAINST THE CROWD
Take a cue from our guests’ One Investments this week: Japanese companies and the Chinese stock market. You decide which unloved area of the vast global financial markets appeals to you… and maybe stick a toe in.
STAY BROADLY DIVERSIFIED AMONG ALL MARKETS
“You are not truly diversified until you own something you are really uncomfortable with” – Peter Bernstein
RESOLVE TO BE A MORE EFFECTIVE GIVER THIS YEAR
Combine head and heart Get to know: organization leadership programs Ask for: Strategic plan Annual reports 990 IRS form Watch this Episode