Don't touch that investment portfolio!

Investment expert tells savers not to look at portfolio

Investment strategist Joachim Klement is advising retirement savers not to check their 401(k) balances to help prevent them from making poor decisions based on short-term market moves. "Nothing that happens today, tomorrow or over the rest of this year will matter 10 years from now," he says.

At or near retirement? Consider these moves to protect your nest egg

https://www.cnbc.com/2020/03/13/at-or-near-retirement-consider-these-moves-to-protect-your-nest-egg.html

Now is NOT the time to sell stocks! Turn off and tune out the investing news.

Money that you will need in the next 5 years should not be invested in the stock market. 

Please review other posts on this blog about the basics of investing, rebalancing, retirement planning, etc. There is lots of sound, sensible information to help you navigate these trying times. 

3 Investment Gurus Share Their Model Portfolios

Investing doesn't have to be complicated!
"How do some of the most respected investors on the planet think Americans should be investing their money? NPR talked to three about what a retirement portfolio should look like."
diversify, pay low fees, & adjust your asset allocation as you age. Check out the advice from an interview with the experts on NPR: http://www.npr.org/2015/10/17/436993646/three-investment-gurus-share-their-model-portfolios

5 Simple steps to perfect portfolio

These 5 simple rules will help you build the right asset mix and avoid a hodgepodge that won't achieve your retirement goals. Walter Updegrave recommends these five questions to help you assess your portfolio. Keep it Simple!

1. Do you need the fingers of both hands to count your investments?

2. Do you own investments you don’t really understand? 

3. Can you explain exactly why you bought each investment you own? 

4. Do you own investments that you’ve never touched after buying?

5. Do you regularly add new investments to your portfolio?  

For details: http://time.com/money/3263186/diversifying-portfolio-5-rules/

You Bought an Annuity. Now What?

"Getting a guaranteed income stream could give you the freedom to take a little more risk elsewhere." For those concerned they might outlive their assets, annuities can provide a guaranteed income stream. But for those who go this route, a big question remains: How should your annuities affect the rest of the portfolio? In general, investing professionals say that putting part of one's nest egg in annuities can open the door to taking on more stock-market risk, which in turn offers the possibility for more portfolio growth." read the details in this Wall Street Journal article by Dorianne Perrucci at: http://online.wsj.com/article/SB10000872396390443749204578049002453458098.html