A successful retirement investment strategy does not require great genius nor tremendous effort, but it does require you to stick with that strategy in good times and bad.
Tag Archives: Investing
Investing for Retirement
Developing and adhering to a sound investment strategy is essential in retirement. This strategy will likely look different than the one you used during your accumulation years. You must find a balance between today’s spending needs and those of the future if you plan on maintaining your standard of living throughout retirement.
Inflation’s Impact on Your Retirement
Inflation is yet another risk you may face in retirement, though its effects may not be felt for many years. With smart planning and prudent investing, there are ways to attempt to mitigate its effects on your purchasing power.
Preventative Maintenance for Your Retirement Portfolio
Putting your investing on autopilot is often a useful strategy when you are accumulating assets, but as you approach retirement, your portfolio could likely benefit from regular monitoring and these adjustments.
Four Undervalued Retirement Strategies
These items may not be appealing but can be beneficial when incorporated into your retirement plan. Even if you decide against using these strategies it would be prudent to explore their potential benefits.
Rehabbing Your Investment Portfolio
The thought of investing in the stock market can seem intimidating but following a systematic process to begin or resume investing in the stock market can be a useful way to increase your equity exposure over time. The stock market exposes you to additional risks but when these risks are managed appropriately, it can provide you a greater chance of funding your long-term goals.
Resisting the Temptation of Trendy Investments
Attention is a scarce resource and competition is often fierce in investing space. The idea that investing is not meant to be exciting, and you should get “rich” slowly does not create mass appeal. This leads to trendy products being pedaled to the uneducated consumer audience. These products tend to be more expensive and less effective than a less flashy alternative.
Using Wealth Promoting Investing Patterns
By using either dietary or investing guidelines you can customize the framework to meet you where you are and develop patterns that will drive positive long-term results. Consistent good decisions, however small they may seem, can make a huge difference when compounded over a lifetime. Make every bite count, make every dollar count.
Pain and Underperformance
For many, investing can be seen as a “painful” experience, because you often expose a portion of your portfolio that experiences market volatility. When investing you must determine if the pain you are experiencing is indicating harm (damage) or is to be tolerated.
Gage Reflects on His First Investment
Everyone has to start somewhere, and there should not be any judgment placed on that person for not knowing “better.” They are likely doing the best they could with the resources they were given.