MAKE SURE YOU HAVE SOME NON-CORRELATED ASSETS IN YOUR PORTFOLIO Can provide price appreciation & capital preservation in market declines Hinder performance in bull markets Traditional non-correlated assets: Gold – favored insurance policy iShares Gold Trust (IAU) is long-time Morningstar analyst favorite Treasury Inflation-Protected Securities (TIPS) Can be purchased directly through the U.S. […]
Action Point
STICK WITH YOUR FINANCIAL DISCIPLINE
STICK WITH YOUR FINANCIAL DISCIPLINE Have a plan you can live with Don’t be distracted by outside events Have one, two or three years of living expenses to prevent selling under duress Keep some cash in portfolio to take advantage of market declines Put cash to work in high conviction investments that have […]
“KNOW WHAT YOU OWN AND KNOW WHY YOU OWN IT”
“KNOW WHAT YOU OWN AND KNOW WHY YOU OWN IT” Do a Quick Stress Test Portolio Analysis What You Own is Cheaper Than it Was Do You Want to Make Slight Adjustments? Add to Long Term Holdings? Sell Questionable Investments? Watch the related WEALTHTRACK episode.
CONSIDER A MUNICIPAL BOND FUND FOR THE TAXABLE PART OF YOUR PORTFOLIO
CONSIDER A MUNICIPAL BOND FUND FOR THE TAXABLE PART OF YOUR PORTFOLIO MUNI ADVANTAGE Tax exempt from federal taxes Some are exempt from state and local taxes Pockets of municipal bond opportunity offering secure and attractive yields and returns Can be a minefield financially and politically Watch the related WEALTHTRACK episode.
USE THE MARKET’S VOLATILITY TO YOUR ADVANTAGE
USE THE MARKET’S VOLATILITY TO YOUR ADVANTAGE REVIEW MOST NERVE RACKING POSITIONS DECIDE TO TRIM OR SELL? CONSIDER MAKING IRA CONTRIBUTIONS NOW WHILE ASSETS ARE CHEAPER CONSIDER A SMALL STAKE IN A HIGH QUALITY, HIGH-YIELD BOND FUND Watch the related WEALTHTRACK episode.
PAY ATTENTION TO PRICE IN YOUR INVESTMENTS
PAY ATTENTION TO PRICE IN YOUR INVESTMENTS Watch the related WEALTHTRACK episode.