BUILD UP YOUR SAVINGS Americans carrying record amounts of debt The lowest savings rate in 12 years Little room for error Retirees need a cushion to see them through bear markets Withdrawing principal during market declines can seriously hurt financial security Watch the related WEALTHTRACK episode.
Action Point
CONSIDER INVESTING IN A SMALL CAP INTERNATIONAL FUND
CONSIDER INVESTING IN A SMALL CAP INTERNATIONAL FUND Regional diversification: many do business within their home countries A history of outperforming large-cap competitors Not widely followed, giving active managers a better shot at outperformance Watch the related WEALTHTRACK episode.
ADD THE 50% RULE TO YOUR INVESTMENT DECISIONS
ADD THE 50% RULE TO YOUR INVESTMENT DECISIONS Goal is to keep at least 50% of your profits after taxes and fees Apply that criterion to all of your investments: financial, real estate, art…. Stuart Lucas’ 50% Rule investing strategy [.pdf] Watch the related WEALTHTRACK episode.
TAKE A LOOK AT CLOSED END MUNICIPAL BOND FUNDS
TAKE A LOOK AT CLOSED END MUNICIPAL BOND FUNDS Overlooked Asset Class Frequently Uses Leverage Can Be Volatile Issues a Fixed Number of Shares When Offered to the Public Trades Like a Stock on an Exchange Share Price Frequently Trades Below Its Net Asset Value Income Is Frequently Reinvested at a Discount Can Hold Illiquid […]
CONSIDER HAVING SOME EXPOSURE TO EMERGING MARKETS STOCKS
CONSIDER HAVING SOME EXPOSURE TO EMERGING MARKETS STOCKS Actively Managed: Rowe Price Emerging Markets Stock Fund (PRMSX) Passively managed: Vanguard Emerging Markets Stock Index Fund (VEIEX) Vanguard FTSE Emerging Markets ETF (VWO) Watch the related WEALTHTRACK episode.
IF YOU WANT TO OWN BITCOIN OR OTHER HIGHLY SPECULATIVE CRYPTO RELATED ASSETS…
IF YOU WANT TO OWN BITCOIN OR OTHER HIGHLY SPECULATIVE CRYPTO RELATED ASSETS ONLY INVEST WHAT YOU DON’T MIND LOSING ENTIRELY Watch the related WEALTHTRACK episode.