IPS – Keys to the Investor Profile
In creating an Investment Policy Statement (IPS), you need to conduct a comprehensive investor profile. Who you are as an investor and what you want to achieve. Part of this requires assessing your...
View ArticleEach Asset Allocation is Unique
Asset allocation can be a difficult to explain. Not the concept, but the actual construction. That is because one size does not fit all investors. Unfortunately, some investment models do try to lump...
View ArticleAsset Allocation: Fixed Income
Fixed income is the second core asset class. Here we can start to look at percentage allocations when investing. Again, the investor profile will determine the appropriate amount to invest in fixed...
View ArticleAsset Allocation: Common Shares
The final core asset class is common shares. Yes, I know the final class is equities, but I consider preferred shares to be more fixed income in nature. We can also use percentage allocations for these...
View ArticleBuy and Hold, But Review
In general, I like the buy and hold investment strategy. Assuming, that is, you passively invest in a well-diversified, low-cost portfolio. But I also think that a buy and hold strategy needs a little...
View ArticleMoney Making Mistakes
Some interesting examples of money making mistakes courtesy of CNNMoney. Superficially, they each provide decent advice for individuals. But they also provide deeper lessons for investors. And an...
View ArticleDo Financial Smarts Erode With Age?
As you get older, does your financial knowledge decrease? Good question. I do not think financial smarts necessarily fall with age. I know a lot of very smart investors of advanced years. However, a...
View ArticleEasy Ways to Mess Up Retirement
Many readers are a long ways away from retirement. Messing up on retirement is not yet on one’s radar. But it should be. And the sooner you realize how people mess up retirement, the easier it is to...
View ArticlePortfolio Rebalancing Strategies
Defining a target asset allocation is critical to investment success. Equally important is ongoing portfolio monitoring and periodically rebalancing the actual asset allocation back to your target...
View ArticleFinancial Advisor Wealth Philosophy
When assessing potential financial advisors you should consider the advisor’s wealth management philosophy and general approach to financial planning. An extremely important point to review, but one...
View Article
