Have a mess of investment accounts? Do you know the mix of stocks, bonds and other assets you own? Trying to manage your portfolio across multiple accounts, at multiple financial institutions from multiple employers can be a real challenge. We talk with clients and friends everyday that are struggling to stick to their investment strategy because its just too complex to implement across a web of accounts. In this episode we discuss an approach for simplifying your account structure - and your life. We cover:
- What types of investment accounts do I need?
- What is the difference between retirement accounts like an IRA, 401k, ROTH etc.
- How to begin the process of consolidating down to our "core 4" accounts
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