Your asset allocation demonstrates your investment strategy including your risk tolerance, goals, investment time frame, etc. How does a pie chart demonstrate all these factors? It provides clues according to current agreed upon rules of personal financial investment.
There are many reasons why people choose to invest in a taxable account. I named two big reasons in my previous post. Here are five more in case you needed a little more convincing.
If you have money left after 401k and IRA contributions, what’s the next best place to invest it? Come follow my posts on how to manage your personal finances. It’s worth a few minutes of your day.
When I decided to move to Seattle seven years ago, many friends talked admiringly about the beautiful geography around here: Puget Sound and Olympic National Park to the west, Lake Washington and North Cascades to the east, Mt. Rainier to the south, Vancouver to the north. But where is Mt Baker?
Tricia and I both looooove pork ribs. She prefers them barbecued and I like them stewed. But there is one way to cook them that we both absolutely enjoy. With further ado, here’s our favorite non-barbecued ribs.
There are problems with simply selling your excess asset types. You may not want to sell an asset held in a taxable account because selling it can trigger a taxable event, which is usually undesirable. Here are the 3 steps I usually take to rebalance my portfolio.