CONSIDER SOME PREFERRED STOCKS FOR YOUR PORTFOLIO PREFERRED STOCKS: A kind of hybrid security, sits between bonds and stocks in company’s capitalization structure Junior to bonds, but senior to common stocks in claims on assets Currently yield more than investment grade bond equivalents Bond interest is taxed at regular personal income tax rate […]
Action Point
TAKE ADVANTAGE OF STILL EXTREMELY LOW INTEREST RATES
TAKE ADVANTAGE OF STILL EXTREMELY LOW INTEREST RATES Watch the related WEALTHTRACK episode.
DON’T TRY TO TIME THE MARKET
DON’T TRY TO TIME THE MARKET Individual Investors’ Advantage over Professional Investors Don’t have to worry about quarterly performance or beating a benchmark For professional investors timing can be everything and getting it wrong can be devastating Watch the related WEALTHTRACK episode.
UNDERSTAND YOUR RISK TOLERANCE
UNDERSTAND YOUR RISK TOLERANCE Watch the related WEALTHTRACK episode.
HAVE A SAVINGS ACCOUNT SEPARATE FROM YOUR RETIREMENT ACCOUNT
HAVE A SAVINGS ACCOUNT SEPARATE FROM YOUR RETIREMENT ACCOUNT Watch the related WEALTHTRACK episode.
SPEND SOME TIME & CAREFULLY THINK ABOUT WHO YOU ARE & WHAT YOUR REALITY IS
SPEND SOME TIME & CAREFULLY THINK ABOUT WHO YOU ARE & WHAT YOUR REALITY IS REALITY CHECK What is your reality? What are you trying to do for yourself and your family? What’s your savings plan? How long is your investment horizon? Can you handle market fluctuations without freaking out? Watch the related […]