It’s Sunday, which means...it’s recap time here on the Retirement Quick Tips Podcast

This week the theme was: Stupid Stock Market Predictions

In case you missed any episodes, here’s what we covered this week:

• Dow @ 36,000
• The Internet will be as influential to the economy as the fax machine
• The great crash ahead (preceding one of the best 10 years for stocks in history)
• Enron: America’s Most Innovative Company
• The Y2K Apocalypse that never was

I shared with you lessons and takeaways that you can learn from these dead wrong predictions to help you make better decisions with your money. 

Tomorrow, come on back, because we’re starting a brand new theme: Your diversified portfolio is more concentrated (and more risky!) than you think

You probably don’t realize how much of your portfolio is invested in just a handful of big tech companies. Even if you think you have a diversified portfolio or your money is invested in a diversified target date fund in your 401k so this isn’t an issue for you, think again. 

If you look under the hood at the stocks in your favorite index funds and mutual funds, you might be a little surprised how unbalanced it’s become in just a few of the biggest stocks. That’s been a good thing for your returns, but it’s leading investors into a false sense of diversification and security, so next week I’ll share with you how you can better understand how your portfolio is really invested and whether or not you have too much of your portfolio in tech stocks. 

Thank you so much for listening this week! If this podcast is valuable for you (and hopefully it is otherwise you wouldn’t be listening), please share the show with a friend, a neighbor, your brother, or co-worker who is getting close to retirement. Just go to your favorite podcasting app, hit the share icon, then text or email the show link to them saying, “Hey, I thought you might enjoy this podcast…have a listen!.”

Thanks for sharing the love and spreading the word. I hope you have a blessed Sunday. My name is Ashley Micciche, this is the Retirement Quick Tips Podcast.

----------

>>> Subscribe on Apple Podcasts: https://apple.co/2DI2LSP

>>> Subscribe on Amazon Alexa: https://amzn.to/2xRKrCs

>>> Visit the podcast page: https://truenorthra.com/podcast/ 

----------

Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance