Once you create your personalized financial plan with Fortunately, we outline which tax-advantaged accounts are most beneficial for your situation and how much you should be investing within each.
Check it out at https://t.co/iYIyBkluca
3. Control your emotions!
Don’t let your short-term emotions make your long-term decisions.
The stock market will go up & down, but after 5+ years it’s pretty unlikely you’ll have lost money investing (assuming your portfolio is well diversified) unless you sell.
If you're investing $1,000 per month and assume a 7% average return...
After 30 years a 0.5% expense ratio will cost you almost $100,000 in lost returns – a difference of almost 10% 🤯
Would you rather send your portfolio manager's kid to college or your own? 🤔
You can Google “expense ratio” + the fund’s ticker symbol to find what the fund charges. Multiply that by the amount you have invested, and that’s what you’re paying each year.
If the expense ratio is high (over 0.1% or so) – it may make sense to look for a lower cost option.
A three fund portfolio is an easy way to manage your own investments while still achieving the goal of a well-diversified portfolio, with ETFs doing all the heavy lifting for you.
Visit https://t.co/CfWvmhmNhL to see the perfectly weighted 3 fund portfolio optimized just for you
Your asset allocation mix is too important a piece of your overall investing strategy to be left to chance.
Thankfully, a simple strategy exists that is logical, efficient, and easy to execute.
Welcome to the three fund portfolio.
We are among the many fans of three fund portfolios. Experts cite many advantages (see below), but the effectiveness of three fund portfolios pretty much comes down to the broad exposure and efficiency of ETFs.
Want an automated financial plan like this one for yourself?
Create one in less than 5 minutes at https://t.co/CfWvmhmfsd and try us out with a 30 day free trial.
You don’t need a financial degree or even a budget to live your best life – all you need is the knowledge on where, when, and how to invest your money to reach your goals.