Baking Up A Great Investment Portfolio
As I watched my daughter and her friends baking a batch of chocolate chip cookies, I realized there are several parallels between baking a good cookie and putting together a solid investment portfolio.
As I watched my daughter and her friends baking a batch of chocolate chip cookies, I realized there are several parallels between baking a good cookie and putting together a solid investment portfolio.
This month, one of my heroes passed away at the age of 89. John Bogle was much more than the founder of Vanguard and the pioneer of index funds; he was one of the hardest working and most effective crusaders for investors.
Investment diversification works, but not in all short-term periods. In 2018, very few asset classes had a positive performance for the year. While not pretty, there is some good news to report.
I’ve been fortunate to have built a good relationship with the media over the years. I receive anywhere from three to ten “media requests” each week from a wide variety of sources. When I do come across something of interest, I’ll email a few comments and offer my assistance; this frequently results in a short conversation with the reporter and a brief quote.
Whenever the markets show weakness, “tactical traders” are featured on various financial programs often telling stories about the importance of avoiding big losses. The buy and hold investor tells the opposite story about the pain of missing out on gains. Neither story is fair.
I love playing around with various tools that claim to save time or money. Unfortunately, most are not worth the hassle. I thought I’d share three sites/tools that I’ve used successfully over the years. Between them, I’ve saved thousands of dollars and had great experiences.
I have been invited to speak at the “It’s Your Money!” seminar series several times over the last 10 years. This month I was asked to teach their Fixed Income Investing course. Fixed income investing is admittedly not the most exciting topic, but it's one of the more important ones in the series.
I’m very excited about the current revolution I’m seeing in the world of insurance advice. In the last few years, no-commission life insurance options have become more widely available, and that trend looks to be accelerating. Unfortunately, most folks are getting their life insurance advice the old-fashioned way.
The most popular kids in school do not always end up doing the best following their glory days. Is the same true of the most popular stocks?
Over the years, I have written many technical planning and investment-related articles. To prove to you that I do have a life outside of work, I’m sharing some of the latest happenings with my family and me.
Once you have done the hard work to determine a mix of holdings that's best for you, there is still plenty of work to be done. MILE Wealth uses smart rebalancing strategies and finely tuned software to keep client portfolios in check.
Most investors have an investment portfolio that’s exclusively made up of stocks and bonds. Adding holdings that provide other sources of income and capital gains makes good sense. There is one area I’ve used for several years and continue to be excited about – “core” real estate.