Posts Tagged ‘investment recipe’
How to Review the Performance of your Investments
Your investment statements are arriving, so many of us will take a look at our investment accounts to see how we (or our advisor) did. Unfortunately, it can be a bit confusing to determine if we did well, average or poorly. Let’s look at the items that will help you determine how you did. How…
Read MoreA Mountain Climber’s Perspective on Risk
Imagine you’re a mountaineer about to scale the face of El Capitan in Yosemite National Park. As you hike to the bottom of the face your level of risk to injury is relatively low. You might trip and fall on your hike but any injury is nonetheless negligible. In this situation, your exposure to downside…
Read MoreWhen Investing, Trusting Your Gut Can Be Bad For Your Health
I believe in trusting my instincts when making decisions. However, when it comes to investment decisions, I have learned firsthand that my gut will often lead me down the wrong path. Many studies and surveys continue to support I am not the only one in that camp.
Read More401(k) Investing, Diversification and Asset Allocation – In Plain English
The BeManaged Ingredients and Recipe Investment Analogy
Over the past number of years I have come to really enjoy cooking. It unknowingly led me to an analogy for investing that is simple to understand and better yet, visual. The analogy, consisting of ingredients and the underlying recipe, has helped hundreds of investors better understand what they can ‘control’ within their 401(k). Furthermore it helps investors understand confusing terms such as “diversification” and “asset allocation” and how they impact the ‘behavior’ of their portfolio.
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