How many stocks does it take to obtain proper diversification? Can 20 stocks properly protect you, or does it need to be closer to 100, 1,000, or even 10,000? In this week's episode, Paul discusses what it really takes to have a diversified portfolio.
If you hold stock that represents close to 50% of your portfolio, it may be time to reduce your risk and diversify between different asset classes. In this video, Paul explains the risks of holding too much of an individual stock.
Taking the time to write a financial plan is a crucial step in securing your retirement. In this video, Paul discusses how putting pen to paper increases the probability of accomplishing your goals.
One half of one percent can have a dramatic impact on the result of your investments. So maximizing the performance of your investments over time is critical. If you have the ability to move from a 401(k) into an IRA, either through a rollover or an in-service distribution, the benefits could be huge.