A position in gold may make sense if you're looking to diversify your portfolio. However, you'll want to consider the current interest rate environment. And if you're looking to maximize the growth of your investments, investing in gold is probably not the best vehicle.
This December 2nd, we invite our clients to join us for the Mundorf Christmas Tiki Party! Get the details and RSVP at www.mundorfevents.com
The top 10 largest stocks currently make up one third of your investment in an S&P index fund. We haven't seen that kind of stock concentration in the index since 1973.
There are also many reasons to start saving as soon as possible. So what are the five steps young investors can take today? Dustin at Mundorf Wealth Management breaks it down with Erin Kennedy.
Only one third of retirees are comfortable spending their retirement money! Most would rather live off Social Security, pensions, or income from part-time work, rather than spend down their nest egg. It is a delicate balance in retirement: you don't want to compromise your quality of life, but neither do you want to run out of money!
The S&P has been on a rally lately, which is why some of us look at our portfolio and wonder why it's not up the same amount. In this video, Dustin with Mundorf Wealth Management and Erin Kennedy break down why you don't necessarily want to see huge swings in your portfolio (up or down), because that volatility might not be in line with your risk tolerance.