We know the 8 year market is unlikely to go for much longer. In this recording I made for PBS, I cover 10 ways to protect your hard earned gains from the coming bear market. If you don’t have your defense in place maybe one of these 10 will feel right. Of course young investors should be hoping for a bear market to take advantage of lower prices.
Trust More or Trust Less, and in what? In considering the market's performance for the first 9 months of 2012, Paul compares his expectations and predictions to what really happened. Plus, he discusses the lessons that can be learned from the successes and failures of his recommendations. As always, Paul's goal is to help you build your portfolio to have the right exposure to the upside for the best of times, and the least risk to be prepared for the worst.
The promises of financial newsletters may be bold, but the outcome is likely to cost you financially and emotionally. They claim to make investing more predictable, while the only thing that is predictable is more money for them and less for you. Learn more in this week's podcast as Paul discusses the tricks and traps of financial newsletters. He also announces his upcoming book, "Get Smart Or Get Screwed: How To Get The Best From A Financial Advisor."
Paul discusses changes for a young couple to make in their portfolio. He wants them to correct three major mistakes. They have purchased shares of Facebook to hold for over 30 year,s but Paul suggests a different investment that is likely to make as much, or more than Facebook, at far less risk. He also suggests an easy step to help the wife double the returns in her IRA.