Are you ready for some sobering statistics from the legal front? You just might be surprised by how many legal disputes occur in a given year.
Asset Allocation
Retirement Planning: What are Retirement Buckets?
One of the more interesting retirement planning strategies I’ve come across recently is the idea of buckets. I first read about buckets on Forbes, and I like the goals-based approach to dividing up your retirement assets.
Will You Still Need An Emergency Fund When You Retire?
Preparing for retirement is mostly about building up a very large portfolio to carry through your golden years. But will you still need an emergency fund when you retire? The answer to that question is most definitely yes. In fact, you may even need a larger emergency fund when you retire than what you maintained [...]
How To Manage Risk? Diversify!
Managing risk is a critical part of investing, but also necessary in business. Let me explain. Most people get the idea of managing risk with investing. It’s one of the core tenants in investing. Don’t put all of your eggs in one basket. It’s obvious we don’t have control over many aspects with investing, so [...]
What Is Tactical Asset Allocation?
When it comes to portfolio management, many experts recommend that you focus on asset allocation. Asset allocation is a strategy that involves building a portfolio around asset classes. You include certain percentages of stocks, bonds, cash, real estate, and other investments, depending on the goals for your portfolio. You don’t have to maintain static ratios [...]
5 Steps to Creating a Successful Financial Plan
You probably know that one of the most important things you can do to build wealth is to invest. Investing can help you take advantage of compounding returns and grow your nest egg. However, in order to succeed at investing, it helps to have a plan. Here are 5 steps to creating a successful financial [...]
Asset Allocation for Retirement (The Details)
Previously I discussed our asset allocation for retirement at the high level. This post is where the rubber meets the road. I’ll detail all the equities we own to achieve our goals. Like most things in life, planning asset allocation on paper is one thing, but implementing it is another story. The problem we have, [...]
Correlation: The Reason For Asset Allocation
Correlation is one of those things, if you were absent that day in statistics class, you should learn it now. It will help you become a better investor. As I mentioned in my previous post Asset Allocation for Retirement; I want to minimize my risks, yet maximize my returns. It sounds paradoxical, but it’s true. [...]
Asset Allocation for Retirement
As I’ve mentioned in my profile, we have a decent sized nest egg for retirement. The million-dollar question (pun intended), is what assets should we invest in? To me, good asset allocation is the most important thing you can do to ensure long-term success. For this post, I’m not going to go into the technical details [...]
