CONSIDER ADDING SOME ETFs TO YOUR PORTFOLIO Low cost, tax efficient, transparent Represent every asset class:Stocks, bonds, commodities alternatives. “From micro to mega caps, from Argentina to Vietnam, from Treasuries to junk bonds and from aluminum to wheat…” – Matt Hougan Watch the related WEALTHTRACK episode.
Action Point
CONSIDER SOME HIGH ACTIVE SHARE FUNDS WITH LOW TURNOVER
CONSIDER SOME HIGH ACTIVE SHARE FUNDS WITH LOW TURNOVER Most investors moving into passive index funds Contrarian move would be to own a few actively managed funds Add low turnover as a criteria Watch the related WEALTHTRACK episode.
DEVELOP AN ALTERNATIVE RETIREMENT INCOME SOURCE
DEVELOP AN ALTERNATIVE RETIREMENT INCOME SOURCE Can tap during market declines Avoid drawing down investment portfolio ADVANCE PLANNING Set up home equity line of credit Establish reverse mortgage line of credit Set up when conditions are favorable Can use when they are not Watch the related WEALTHTRACK episode.
ADD HUMILITY TO THE QUALITIES YOU LOOK FOR IN A MONEY MANAGER
ADD HUMILITY TO THE QUALITIES YOU LOOK FOR IN A MONEY MANAGER AND HIS OR HER FIRM Watch the related WEALTHTRACK episode.
DE-RISK YOUR BOND PORTFOLIO
DE-RISK YOUR BOND PORTFOLIO 2016 High Performers: U.S. High Yield Bonds +17.1% Emerging Market Debt+10.2% Economy improving Fed prepared to raise rates again Political uncertainty building Watch the related WEALTHTRACK episode.
MAXIMIZE YOUR AFTER TAX RETURNS
MAXIMIZE YOUR AFTER TAX RETURNS Watch the related WEALTHTRACK episode.