Investing

If Your Portfolio is Drifting, You Could be Headed for a Crash

If Your Portfolio is Drifting, You Could be Headed for a Crash

Portfolio drift is when the natural movements of the market cause your investments to stray from your strategic asset allocation. One asset class has done extremely well, causing it to be overweighted in your portfolio. When this happens, you need to manage the drift through rebalancing or you could leave yourself more at risk in a market downturn.

Diversify Your Savings Out of Cash

Diversify Your Savings Out of Cash

The purpose of saving money is to achieve the goal that you're saving toward. As a result, you are constantly balancing between growing your investment while preserving your capital. If you are saving for longer than one year, get your money out of your savings account and into a more appropriate investment. The worst thing you can have....