MAKE SURE YOUR STOCK PORTFOLIO IS DIVERSIFIED INTERNATIONALLY U.S. Stocks have led bull market Take some profits Reallocate to international stock markets True diversification means some “uncomfortable” investments European & emerging market stocks Include foreign small cap stocks Watch the related WEALTHTRACK episode.
Action Point
DIVERSIFY YOUR RETIREMENT PORTFOLIO
DIVERSIFY YOUR RETIREMENT PORTFOLIO International Developed Country stocks Emerging Market stocks Small, Midcap & Large U.S. stocks Outperformed U.S.-centric, large cap S&P 500 index Watch the related WEALTHTRACK episode.
HOLD A FAIR AMOUNT OF CASH
HOLD A FAIR AMOUNT OF CASH RAISE CASH BY TRIMMING YOUR MOST PROFITABLE INVESTMENTS Watch the related WEALTHTRACK episode.
CONTRIBUTE TO A YOUNG PERSON’S ROTH IRA
CONTRIBUTE TO A YOUNG PERSON’S ROTH IRA Watch the related WEALTHTRACK episode.
ADD TWO BUFFETT BOOKS TO YOUR SUMMER READING LIST
ADD TWO BUFFETT BOOKS TO YOUR SUMMER READING LIST Watch the related WEALTHTRACK episode.
ADD SOME TIPS, TREASURY INFLATION-PROTECTED SECURITIES TO YOUR PORTFOLIO
ADD SOME TIPS, TREASURY INFLATION-PROTECTED SECURITIES TO YOUR PORTFOLIO INVESTING IN TIPS TreasuryDirect.gov Morningstar recommends: Schwab US TIPS ETF (SCHP) Vanguard Short-Term Inflation-Protected Securities Index (VTIP) Vanguard Inflation-Protected Securities Fund (VIPSX) Watch the related WEALTHTRACK episode.