When you hear the term ‘portfolio diversification’ with regard to your investments, you might believe you’ve got a clear concept of it: don’t put all your eggs in one basket. Sounds simple enough. But there are many categories and degrees of risk that each of your ‘eggs’ can encompass, making this simple concept much more complex. So, while you correctly understand that portfolio diversification is not having all of your funds allocated to a single type of investment, there’s far more detail to delve into.
There are many common investing myths that can be very costly, leading you to be too conservative, too risky or avoid investing completely. We’d like to steer you away from some of the most common investing misconceptions – better known as traps – that can significantly injure your investment power and financial strength.
If you’re thinking about getting into the real estate market, or expanding your real estate portfolio, you’ve likely heard the term REIT. A REIT, or Real Estate Investment Trust, is a company that owns or finances real estate properties. You invest in the company that owns multiple income-producing properties, and you are not the landlord getting 3 AM calls about broken heating or dripping faucets. Someone else handles that. You own, and you collect your dividends without bailing water out of a flooded basement or changing light bulbs on a 20-foot ceiling.
President Obama took a shot across the bow of Wall Street recently by suggesting that big brokerage houses and insurance companies be held to the Fiduciary Standard when it comes to dealing with 401k and other types of retirement plans.
We are all familiar with the old adage that to be a successful investor you must buy low and sell high. I’m not sure anyone would argue this fact but unfortunately for most people this is a rather elusive concept. Why?
A 401(k) retirement plan is an employer-sponsored retirement savings program that enables employees to save for retirement by making pre-tax contributions. A 401(k) is the dominant retirement plan scheme that most people in the U.S. will use to provide a decent income once they retire.
One of the most common questions that I get as a professional money manager has to do with market timing. People seem to think that financial advisors have some investment ouija board that will let us know exactly when you should get in and get out to maximize your return. Unfortunately, if you think timing the market is a sound investment strategy, read on.
The debate of active vs passive investing has been raging since the 1970s with proponents on both sides offering up what they purport to be objective evidence that supposedly supports their respective positions. If you are not that familiar with the active versus passive debate, read on.
When investing new money, the first thing you look at is risk tolerance and time frame and try not to be concerned with where the market is today because, in reality we don’t know where it is going to go from here. Don’t pay attention too closely at the market when you are investing new money for the long term. If you are concerned with short term money, the stock market may not be the best place to invest. If you stay diversified in your portfolio, you should be covered from the fluctuations in the market. Find out more and listen to the discussion https://tritonfinancialgroup.com/audio/investing-new-money.mp3
What are the pros and cons for you to consider if you want to manage your own investment portfolio? Many people like to do things themselves and sometimes it works out fine. Managing your personal finances has a couple of dimensions that you need to consider – quantitative and qualitative factors. From a qualitative perspective, if you can create a balanced portfolio and minimize expenses, then you can set up your investments appropriately. The qualitative perspective deals with human emotions. The financial market is volatile and full of emotional aspects. To effectively manage your own investment portfolio, you need to consider both factors realistically. Listen to the discussion https://tritonfinancialgroup.com/audio/manage-investment-portfolio.mp3