Looking at investing oversees makes sense for a number of reasons, the most important of which is broader diversification. By going international, the potential gains for your portfolio and your retirement are no longer tied exclusively to the performance of the U.S. economy and financial markets.
And since markets in different countries don’t always move in
Continue reading Investing Internationally for Your Retirement Fund – Minimize Risk in Your Portfolio
To have a decent chance at earning returns that are high enough to generate sufficient income initially plus keep pace with inflation, most people will have to invest in a portfolio that contains at least some stocks and bonds. And when you invest in stocks and bonds – as opposed, say, to CDs – you
Continue reading How to Make Your Money Last When You Retire
Converting your traditional IRA to a Roth IRA could have important implications for your estate planning strategy.
Beginning this year, you can convert to a Roth regardless of your income or tax-filing status and spread the pre-tax income equally across 2011 and 2012. Should you decide to do so, it also may be a good idea
Continue reading A Roth Conversion and Your Estate Planning Strategy
If you want to know why people take on huge and ambitious projects, write books, go back to college, change careers, run triathlons or simply stand up and get counted, it’s because doing difficult things makes us happy. Challenges are something we set ourselves all our lives because that’s how we achieve our potential. You
Continue reading Do something difficult – it could even make you happy
International equities have attracted a lot of attention in recent years. In fact, from 2007 through 2009, funds that invest in foreign stocks pulled in nearly $87 billion in net new cash flow, while those investing in U.S. stocks saw outflows of more than $238 billion, according to the Investment Company Institute.
One reason for that
Continue reading Invest Internationally For Diversification and Growth
Most investors know (or should know) the tried-and-true methods to build wealth. Shift money automatically from your paycheck to a savings plan; take advantage of your employer’s matching contributions to 401(k) plans; eliminate (virtually) all consumer debt; track and trim household expenses; reduce investment fees; and, of course, save more than you’re saving now. But
Continue reading Net Worth: Four Ways to Build Wealth
Concerned about your wealth after the latest market drop? Don’t make drastic changes with your money.
Corrections, and even steeper drops, happen regularly. The problem with trying to time the market or guess where it’s going next is that you have to be right twice, says Sandip Bhagat, the head of equities at Vanguard. You’d have
Continue reading Wealth: After Market Decline, Next Steps
The new problem with Asian sovereign debt—scarcity
ELEVEN months ago Indonesia’s government paid almost 12% to raise long-term money on the international capital markets, while America was financing its own debt for less than 3%. By early January the rate on America’s debt had climbed a bit, but Indonesia’s financing costs had plunged to a shade
Continue reading Emerging-market sovereign debt: Risk redefined
Prosperity Concierge does not consider Russia to be appropriate for investors. The risks are simply too high. That being said, there is a place for modest investment in Russian energy companies in a well-diversified portfolio.
Most emerging countries have made great strides to reduce risks and, as a result, represent good value for investors. Russia is an
Continue reading Use Caution When Investing in Russia for Your Emerging Market Portfolio – The Risks are High
In the currency markets, the U.S. dollar was flat to slightly lower versus major counterparts Tuesday, losing ground against a rebounding euro as investors showed renewed risk appetite.
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