Take a cue from our guests’ One Investments this week: Japanese companies and the Chinese stock market. You decide which unloved area of the vast global financial markets appeals to you… and maybe stick a toe in.
Action Point
STAY BROADLY DIVERSIFIED AMONG ALL MARKETS
“You are not truly diversified until you own something you are really uncomfortable with” – Peter Bernstein
RESOLVE TO BE A MORE EFFECTIVE GIVER THIS YEAR
Combine head and heart Get to know: organization leadership programs Ask for: Strategic plan Annual reports 990 IRS form Watch this Episode
ON THE BOOKSHELF
“Everyone I know who has read it has been mesmerized. And as Mae West used to say, goodness had nothing to do with it!” “Another much mentioned favorite among investment pros is The Signal and the Noise by Nate Silver, a now famous political analyst who tackles the art of prediction and his thoughtful approach […]
IDENTIFY SOME TAX AVOIDANCE STRATEGIES TO BOOST YOUR INVESTMENT RETURNS
Tax avoidance strategies include: Re-visit municipal bonds Put higher tax investments in tax deferred accounts Emphasize tax efficient strategies including: index funds, ETFs, and individual stocks Watch This Episode
CHECK OUT THE IMPACT COSTS ARE HAVING ON YOUR PORTFOLIO
Use Vanguard’s “The Truth About Costs” tool on their website – you can see the returns lost and the returns kept over different periods of time depending upon the expense ratio paid and the average annual return you are expecting. Watch this Episode