Diversification is a time-tested strategy to spread your risk and optimize your returns. It is a sound principle to follow whether you are investing for your retirement, your children’s education, or are just seeking some quick short-term gains. [Read more…]
How to Invest in a Mutual Fund
Investing in mutual funds is a great way to earn higher returns on your funds. Understanding how the mutual fund market works and the key success factors for such investments can make sure that you keep your money safe. [Read more…]
Saving Money for an Anxiety Free Retirement
The recession has perhaps hit retirees the worst as they were forced to sit back and watch their life savings dissolve right before their eyes without being able to do anything about it.
The typical problems faced by retirees- decreased mobility, more likelihood of debilities and many others are hugely exacerbated when an additional stress factor is added to the mix – that of worrying if there is enough money left to handle basic needs such as being able to attend to emergencies. These anxieties can be taken care of to a large extent by tweaking the retirement savings plan during the earning years. [Read more…]
It May be Time to Change Your Investment Strategy
The old wisdom about investing your money included avoiding touts, looking for low cost investments, being consistent, and keeping a diversified portfolio. However, there are certain changes that you should bring in your investment strategy to adapt to the changes in the economic situation. [Read more…]
Plan Early for Your Retirement
Retirement can bring a lot of changes to your lifestyle. Whether these are pleasant or not largely depends on how much planning has been put in during your years of employment.
Financial stability and independence play a huge role in laying the foundation for peaceful and stress free retired years. Post retirement, you cannot fall back on a regular monthly paycheck to meet expenses, and that is why having a reliable stream of funds coming in from your investments is important. With proper management of your finances during employment, this can be achieved quite effectively. [Read more…]
Balance Your Portfolio with Treasury Inflation Protected Securities
Usually most investment portfolios have a large percentage of stocks. In times of a financial boom, this worked great but if you planned for retirement in 2009, these same stocks would have led to huge declines in the value of your portfolio.
On the other hand, if you had put all your money in bonds or CDs (certificates of deposit), then you would have to live with dismal returns, especially when you consider the impact that 3% long term inflation will have on your savings. [Read more…]
