No one likes to make sacrifices. This is especially true when it comes to shopping or buying something you want. But making sacrifices in the short-term can have big long-term gains, that can make the sacrifices you made totally worth it. Want to know how you can build wealth for the future?
As an investor it’s important that you periodically rebalance your portfolio. This is the process by which you make sure that your portfolio allocation stays in approximate alignment with your original diversification strategy. In other words, it’s a re-evaluation of your investments to ensure they’re still meeting your financial goals. There are different ways to rebalance your portfolio, based on life events and personal needs.
Smart beta — also known as advanced beta, alternative beta or strategy indices — isn’t a new investment strategy. But lesser known strategies have a way of surfacing and gaining credibility during times of market stagnation, volatility, or other conditions of uncertainty. Such was the case during the stock market meltdown of 2007-2009. In such a market, investment managers were looking to reduce risk, rather than just purely pursuing return.
There are only a few investment options when you have $1,000 or less to invest, but you have to start somewhere. And though it doesn’t get a whole lot of publicity, there are actually numerous options available to you even with a relatively small amount of money.
Thanks to the rise of robo-advisors investing for the future is now more accessible than ever. You don’t have to spend a lot of time, or money, hiring a portfolio manager to create a complicated asset allocation to receive the best returns possible. Robo-advisors now have the technology and computer software that does this for you — all at a much less costly price.
There are financial milestones that need to be achieved in your twenties and thirties, in order to reach financial success. Some of them will just happen in the normal course of life. But others may require you to be more proactive. This is especially true if you want to master the milestones, rather than just backing into them.
If you’re a recent high school or college graduate and have been thinking about starting to invest, now’s the time to actually do something about it. If you begin investing now (even a little bit) you’ll be creating a pattern that will put you on the path toward financial independence.
Last month the long-awaited Apple Watch was released — and eager Apple lovers ate it up. Current projections state that the Apple Watch sold more in one day than its Android counterpart did in all of 2014 (ouch). Not only that, but it sold out in minutes during its pre-order date.
When many of us think of investing, our thoughts immediately jump to the idea of picking stocks. The hope is to find the “hot tip” or get in at the “right time” in order to make a lot of money in a short period. We talk about investing as though it’s the same as stock trading when it’s not.
Here at Investor Junkie I’ve talked a lot about early retirement topics, like the crazy but fun perks of retiring early, and how to travel the world during retirement. When I mention to others that I retired early, some instantly assume that I made millions by being an expert stock picker.