The takeaway. Today we discuss how Asset Allocation enables you to buy low and sell high–the holy grail of investing. It’s powerful stuff. Also included is how asset allocation let yours truly leave my job, pay off my house, and move to Italy for a year. It works when you work it. $$$ Ahoy, Boomer! … [Read more…]
The takeaway: Asset allocation is the percentage of stocks and bonds in your portfolio. These percentages can supercharge your nest-egg or cause it to plod along. What should the percentages of stocks and bonds in your portfolio be? This post gives you standard rules of thumb to consider. $$$ Greetings, Boomer! In Part 1 of this … [Read more…]
Asset allocation is the relative percentage of stocks and bonds in your portfolio. Over time, it determines your investment results. The takeaway: Asset allocation, the percentage of stocks and bonds in your portfolio, is the main driver of how fast your nest-egg grows. It’s a tool that, when followed, forces you to buy low and … [Read more…]
The takeaway: Real Estate Investment Trusts (REITs) let you own commercial real estate. You don’t have to be a real estate mogul to play with the big “boys.” $$$ Fifty-five years ago, my parents purchased their dream home for $63,000. Today that house sells for $800,000. That’s a return rate of 5% a year. During this … [Read more…]
The takeaway: You can dramatically increase your real estate investment returns by using leverage, which will leave precious funds availble for other uses. However, using leverage on the wrong investment can destroy your returns and have dramatic consequences. Choose wisely, Boomer. $$$ Hey, Boomer! It was a crisp evening in Fall 2020 I was in … [Read more…]