The takeaway: large-cap, mid-cap, and small-cap stock funds in your nest-egg are ways to stem market losses and enhance market gains. Just make sure that your personality matches the personality of these large-, mid-, and small-cap stocks before you buy. $$$ Last month’s post was an affair by the numbers. We looked at 40 years … [Read more…]
Takeaway: Diversified stock funds can stem losses and enhance returns for your retirement nest-egg. Trees don’t grow to the sky and neither will this stock market. You’ve already seen here how owning both stock and bond funds reduce damage to your nest-egg. You can further reduce damage, not just by diversifying between stock and bond … [Read more…]
The Takeaway: The 4% Rule tells you two things. First, it lets you know how much you can annually tap from your retirement nest-egg without it running dry. Second, it tells you how big your nest-egg needs to be to cover your retirement income needs. What’s not to love? 😀 This post is a step-by-step guide … [Read more…]
The takeaway: To not outlive your money you need to know three things. This post covers the first thing: how long you need the money to last. Life expectancy tables, DNA, and X-rays aren’t necessarily destiny. Don’t underestimate how long your money should last. $$$ Greetings, Boomer. Last summer I was eating a family lunch … [Read more…]
The takeaway: Research shows that keeping your portfolio in proper balance accounts for nearly 90% of your investment results. Here’s a step-by-step guide to rebalancing your nest-egg once a year. Making money is hard. Managing it shouldn’t be. $$ Happy New Year, Boomer! I caught up with my cousin Vinny during the holiday. (Ok. Not his real … [Read more…]