In my previous posts in this series, I talked about Portfolio Types, TIPS and REITs, and Approximating a Portfolio. Now that we have discussed different types of Asset Allocation and you know about Talking the Talk I want to discuss a more advanced portfolio. This is the Coffeehouse Portfolio, created by Bill Schultheis, also known as The Coffeehouse Investor. Amazon Link (I have no financial relationship with Bill Schultheis or Amazon.) What is a Coffeehouse Portfolio? One of the […]
Finance
In my prior post about Portfolio Types, I discussed some popular “lazy portfolios”. However, a few of the portfolios used TIPS and REITs. I wanted to take the time to explain what those are today. Should be a short post today. What is a TIPS? TIPS is an acronym which stands for: Treasury Inflation Protected Securities Essentially, they occupy the same risk class as bonds, but with a few advantages and disadvantages. The major difference is […]
TIPS and REITs
Hi guys, today will be a short post about Portfolio Types. Today I’m going to focus on “Lazy Portfolios” which are popularized by Bogleheads. I am pretty much cutting and pasting this from the Bogleheads wiki, but I will clean up this post to make it look better later, with my commentary. Today is school field trip day with my daughter so I just wanted to get this posted before I take her to the […]
Portfolio Types
I briefly touched on asset allocation in my last post about 529s. So I felt it was a good segue into this post: Asset Allocation is an all-encompassing term for where and why you put your money in certain places for retirement. At its most basic, the two most general categories are Stocks and Bonds. For simplicity’s sake, consider Stocks as “More Aggressive” and Bonds as “More Conservative” in a general sense. What this really […]
Asset Allocation
This is a followup to this post – What is a 529? Please read that one first before continuing on to this one, if you haven’t already. I hope by now I have convinced everyone that a 529 is a great option for saving for college. For simplicity’s sake, think of it like this: You put away money for college and although the contribution itself is not deductible, it can grow federal tax-free AND is […]
Choosing a 529
So when people talk about finance, investment, retirement, etc. they always just throw 3 numbers at you (529 – College Savings Plan is one of them). “I maxed my 401k, but need to rebalance my 403b. Then I need to contribute some more to my 457b. I also need to set up that 529 for my kids.” These three numbers refer to the Internal Revenue Code subsection. So they sound scary, but they’re really not, it’s all related […]