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How to Take Action with Your Money
How to Take Action with Your Money
Are you happy about the markets? Are you thrilled with the 13% post-election gain in the Dow? If you have money in the markets, then you are participating in the upside. Unfortunately, there are many people out there that have way too much cash in their portfolio, and hence they’ve missed out on a lot of gains. Well, don’t be passive anymore. In today’s leadoff segment, I give you a few thoughts, and one key question to ask, so that you can start taking the kind of action you need to take to make your money work for you.
“Doug, I Can’t Buy at New Highs!”
Yes, the market is at all-time highs. And unfortunately, many investors see that as an obstacle to putting their money to work. In today’s second segment, I give you a few thoughts on how to approach this market, and a few tactics on how to incrementally put money to work that makes you feel comfortable. Plus, why using the market’s current position is not a valid excuse for avoiding action.
A Few Common Mistakes
Common mistakes are “common” because a lot of people make them. In today’s final segment, I review some of the more common “NIGO” mistakes (paperwork that’s Not In Good Order) that you can avoid by simply addressing a few general issues that will help you “take care of your stuff.”
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By Doug Fabian: Fabian Wealth Strategies | Fee-Only Asset Management Specializing in Exchange Traded FundsHow to Take Action with Your Money
Are you happy about the markets? Are you thrilled with the 13% post-election gain in the Dow? If you have money in the markets, then you are participating in the upside. Unfortunately, there are many people out there that have way too much cash in their portfolio, and hence they’ve missed out on a lot of gains. Well, don’t be passive anymore. In today’s leadoff segment, I give you a few thoughts, and one key question to ask, so that you can start taking the kind of action you need to take to make your money work for you.
“Doug, I Can’t Buy at New Highs!”
Yes, the market is at all-time highs. And unfortunately, many investors see that as an obstacle to putting their money to work. In today’s second segment, I give you a few thoughts on how to approach this market, and a few tactics on how to incrementally put money to work that makes you feel comfortable. Plus, why using the market’s current position is not a valid excuse for avoiding action.
A Few Common Mistakes
Common mistakes are “common” because a lot of people make them. In today’s final segment, I review some of the more common “NIGO” mistakes (paperwork that’s Not In Good Order) that you can avoid by simply addressing a few general issues that will help you “take care of your stuff.”