Though the two terms may sound alike on the surface, they're actually two quite different things -- and, in our opinion, one should not be part of your strategic financial plan.
The difference between speculation and strategic investing can be night and day. The way Premier approaches portfolio management, investing is a long-term
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Because while the process of building an investment portfolio may seem, in itself, simple, creating an effective portfolio involves realistic goal setting, a long-term time horizon that stretches across a few decades, a modicum of self-discipline and, significantly, risk awareness. Combined, these factors create the recipe for a diversified portfolio that's tailored to meet your specific financial needs.
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Ignorance is bliss. When it comes to investment performance, there’s a ring of truth to this old adage. It’s not difficult to see how active managers – investment professionals who attempt to “beat the market” in search of greater returns – can
It is so important - in fact, we’ve blogged about it before - because diversification is not only the cardinal rule of investing, but also the one rule most often violated.
Perhaps Shakespeare said it best in The Merchant of Venice:
Our answer? High portfolio turnover is the source of most of the extra costs associated with active management – costs that are completely unnecessary and avoidable with more efficient investment guidance. Read on to find out why.
While that may be an extreme example, there are a few bits of "commonsense" financial planning concepts floating around out there that probably shouldn't be accepted as conventional wisdom. Here are 5 wealth management taboos that you might want to consider breaking.
A properly diversified portfolio is an effective way to mitigate risk, and deal with the ups and downs of a volatile market. And the best way to get truly diversified? Regular portfolio rebalancing to ensure that your assets are properly allocated across asset classes.
Here are four benefits associated with rebalancing your portfolio.
But do you know how to effectively rebalance your portfolio so you retain the right asset class allocation for your comprehensive financial plan? These eight tips from portfolio managers will help you keep your portfolio balanced... and diversified.
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That's not to say that those market lows weren't unpleasant in the moment, but the lesson to be learned is this: Over time, investors who stay the course through a decline recover. In fact, from 2009 to 2016, the market has tripled, with the S&P 500 growing by 194 percent. But what about investors who didn't stay the course — who, in attempts to cut their losses, sold?
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Given the prevalence that this financial planning strategy exhibits — not to mention the attention paid to stock picking and market timing in the financial media — it's not surprising
