Tag: Action Point

STICK WITH YOUR INVESTMENT DISCIPLINE

July 3, 2020

STICK WITH YOUR INVESTMENT DISCIPLINE

  • KNOW YOUR RISK TOLERANCE
  • STAY WITH YOUR ASSET ALLOCATION
  • REBALANCE WHEN IT GETS OUT OF WHACK
  • BE DIVERSIFIED AMONG:
      RISK ASSETS, LIKE STOCKS
      SAFE ASSETS, LIKE SHORT-TERM TREASURIES
      HEDGES AGAINST DISASTER, LIKE GOLD

Watch the related WEALTHTRACK episode.

CONSIDER SOME “HOMEBODY” INVESTMENTS

June 20, 2020

CONSIDER SOME “HOMEBODY” INVESTMENTS

Rosenberg thesis: Transitioning permanently to more frugal “homebody” economy

“HOMEBODY” BENEFICIARIES include:

  • Home OfficeTechnologies (cloud)
  • Telecommunications
  • Utilities
  • Food Suppliers
  • Diversifiers include:
  • – Gold
  • – Treasuries

Watch the related WEALTHTRACK episode.

REASSESS YOUR EXPENSES

May 15, 2020

REASSESS YOUR EXPENSES

  • COVID-19 a wakeup call
  • Doing without many activities
  • Many former luxuries, not necessities

Watch the related WEALTHTRACK episode.

STAY CAUTIOUS

May 1, 2020

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.

HAVE AT LEAST ONE ASSET THAT IS NOT CORRELATED TO THE STOCK MARKET

April 3, 2020

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. TREASURY AT TREASURYDIRECT.GOV

Watch the related WEALTHTRACK episode.

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