Are Women Reluctant to Talk About Money? A new survey says yes. Is it telling the whole story? A new study asserts that women feel uncomfortable discussing financial matters. The latest Money FIT Study from Fidelity Investments is generating some conversation within the financial industry. The investment giant commissioned an online poll of 1,542 female […]
Many retirees find that their income streams are insufficient so they look for additional ways to earn more. With rock bottom interest rates, investors are seeking out high yielding investments. The federal funds rate is still next to nothing, and the classic conservative retirement investments like money market funds and CDs are failing to keep up with inflation.
So where do you turn for more yield, especially if you are close to or in retirement?
Each decade of our lives is a milestone; and each milestone brings new perspective, a different focus, and varying needs. We trade our tricycles for bicycles; our bicycles for sports cars; our sports cars for minivans; our minivans for SUVs; and our SUVs for sensible four-door full-size sedans.
Just as our modes of transportation change through the years, so do our financial needs and focus.
In order to build an investment portfolio, you will need to select the right investments for your situation. This begins with having the right investment mix. Most successful investors own a combination of stocks, bonds, alternative investments, and cash. Later on, I will show you how to decide on that mix.
When you look at investing, there are really only five choices…