How do you make the right choice to believe in you and your ability to invest in retirement?

Last year, when the US Federal Reserve Board announced the “Report on the economic welfare of American families,” it (based on the 2015 survey), it found that 49 percent of self-directed retirement savings of all respondents are ” no confidence “or just” somewhat confident “make the right decision.

that we are in the ninth year of a bull market only increased people’s concerns next step how to do it. Even experienced, hands-on investors can not help but ask a record of good times can last. If they stay or should go to the

If you are unsure of your plan? – Or, if you are just starting – it’s a good thing, back to basics ■ To determine how you are ready to deal with any impact of future market fluctuations.

1. Start with the big picture

Think about your time horizon (how long you have to invest), your net worth, income, expenses, and then – all this – how do you see the risk

Large most consultants talk about “risk tolerance”, and to calculate a percentage. “You can deal with a 10% drop?” They ask, because 10% does not sound like much, most investors would say yes.

I prefer to talk about real dollars. If you have a portfolio of one million US dollars, for example, I would like to ask, if you are determined to lose $ 100,000, your mind is likely to begin transferring a bit. It goes a step further, I might ask how much time you save $ 100,000, as well as many years received so much money may have been provided after retirement. This gives a significant market volatility clearer picture.

2. Next, think about what you want at this stage of your life to complete the task.

If you are looking to grow your money, you might want to take a higher return. Remember, the higher the return on your money, the more risk you have to take to get it.

If you are close to retirement or return your money you may be more interested in. With income portfolio focus, you will not see the big highs and low dips, but you should see a consistent higher yields and / or income level.

YouMay wish to design a plan that you are both income return your money, your money t return ø helped more than inflation.

3. Finally, we put it together, keep these questions in mind:

• Fluctuations in the comfort zone of what you called? How are you comfortable with how to adjust the downturn in the market or the prospect of losing money?
• How much can you really afford to lose? Do not forget to transition down, you grow when you’re close to retirement reserve amount.
• You believe in what your financial strategy? You a clear strategy that coordinates with your income plan?
• You build your “uncle” mean? Experience some discomfort is not the same as understanding when the market is down, when you actually complete. At what point would you say, “You know what, I’m out. I can not stand. I’m selling something.” Recognizing this NUMBER can keep you from making knee-jerk decisions based on emotion, but too long If the ship is going down, hanging in the

Knowledgeable financial professional can help you develop a realistic plan that will help you achieve your retirement goals. But it gives you a clear, honest establish your boundaries. If you find yourself worried that you are in the market to do the action, take some time to re-examine your motives and your mind.

Both small shopping this holiday season more enjoyable and a lot of difficulties.

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If you meet some simple requirements of income or net assets, you may qualify as “accredited” investors and access to the vast universe of complex private investment. But to do is return visit outweigh the risks?

This issue is being hotly debated on the occasion of the approval, potential changes in investor definition. US Securities and Exchange Commission is studying the expansion of the definition, so that more investors into hedge funds, private equity and other non-public offering of possibilities. But some scholars and investor advocates that the definition should be changed to reduce risks to protect small investors from these products, which may include high costs and poor disclosure.

The problem is particularly important to older investors, uh, its massive retirement accounts often qualify for their accredited investor. Those who seize the opportunity to invest in non-public offering may benefit from diversification and higher yields can come up with such an investment, or they may be sold expensive reserves. It is difficult to understand, and even harder to sell.

At present, you can become a qualified accredited investors, if your income over the past two years (or $ 300,000 jointly with your spouse) exceeds $ 200,000, you want it to reach this threshold in the current year or if your net assets of more than $ 1 million, excluding the value of your principal residence. About 16 million households, or 13% of total US households, qualify as qualified investors, according to the SEC.

The theory behiND recognized definition of investors in securities law as put out, is that it limits the investors who are sophisticated enough to private equity products, “fend for themselves” in the absence of strict supervision, and have the financial resources to withstand significant losses.

However, many qualified investors “retirees and pre-retirees, people who are not really in a good position to take risks with their own money, in most cases,” Barbara Roper, director of investor protection at the consumer Federation of America. “Who is 65, have more than they need to make in the last 25 or 30 years should not be gambling on their investment of $ 1 million man.”

Revised definition

In 2019 in the United States Securities and Exchange Commission requested public comment on a number of potential changes recognized definition of investors, such as allowingA certain minimum amount of investment in certain occupations or qualifications individual to qualify. US Securities and Exchange Commission also proposes to expand the definition, including who is a registered financial professionals recommend that the possibility of any investor.

Some industry groups applauded the expansion of recognition, the idea of ​​investor definition. Replace the current threshold value “from the pursuit of current only to qualified investors the opportunity to eliminate complexity, otherwise qualified investor” in the product portfolio Institute sent a letter to the US Securities and Exchange Commission wrote.

There were also raised about the impact of the elderly investor alarm. Decline in cognitive ability, can be equipped with advanced age “may affect abiliTY evaluate complex financial securities,” Michael Fink, a professor at American University economic security of financial services written.

In a recent study, Fink found qualified investors over 80 years is more than 80% less likely to have higher scores than the non-certified financial literacy of investors 60-64 years of age, this show that the old shareholders can easily meet the accreditation, investors have not defined largely unregulated market, the ability to “fend for themselves” in. Older investors significantly reduced complexity and financial assets may be complex investment broker selling, reading notes attractive target.

Fink’s advice: “The United States Securities and Exchange Commission should consider the recognition, investment exemption qualification of 80-year-old investor,” he W¯¯ rote, unless they work with a financial advisor who acts as trustee in other words, the one who is obliged to act in the best interests of its clients. Investors “is likely to be fully able to understand these securities, they are 80, but if they will continue to invest in their 90-year-old, they need a professional who can help them pilot,” Fink said in an interview. Aimed at better coordination

Maturity risk with investors and other changes proposed national securities regulator approved withstand capability, the definition of investors. US Securities and Exchange Commission should improve the income and net worth thresholds and to consider additional conditions, as has the amount of investment, the North American Securities Administrators Association wrote.

No matter how recognized, I nvestor the definition of development, the old shareholders should be close to unregistered investment is very cautious. If you throw a private placement, “ask yourself why these enterprises are unable to obtain funds through traditional means,” Fink said.”If this is not a market, you fully understand, you’re more likely victims than a success.”

Although I have written a lot about Thanksgiving and Black Friday deal, I do not intend to participate in the store these days crowd in office. However, I’ll do a little holiday shopping online, because many retailers will provide similar – or the same – a discount on their site for their store. Whether you will be in shopping malls or computer at home crowd, you need to get you to buy what you want (best price project because, after all, not everything on Thanksgiving and Black Friday sales do some planning). In order to take full advantage of the upcoming sales, I rounded up tips from some of our favorite personal finance blog. And, most important is to have a happy Thanksgiving! Online

6 Mistakes to Avoid When Looking Black Friday Deals Len Penzo dot com
“During Black Friday Shopping is a great idea, especially if you have no car or hate fighting the crowds do – but if you’re not careful, there are shopping wrong, you can be just as bad. ”

Friday . black conquest PopSugar in-store shopping tips
“to ensure that your preparation, you may be able to, we collected some in-store shopping strategy is essential in order to obtain the most favorable price.”

Black Friday Shopping listen, money matters “how to understand and when to get the best price without being trampled to death.”

look long-term shopping Black Friday and Cyber ​​Monday free out of trouble “you can now buy advantages and year-round activities and purpose of the article. that’s right, you should consider the long term, when you plan your Black Friday and Cyber ​​Monday shopping. ”

5 Save the policy Cyber ​​Monday

Mint life “Suppose you” VE establish a budget and know what gift you later, here is what you can expect as the largest online spending day of the year in the fourth year running, rapidly approaching. “

Call Ishmael. New Year’s Eve, 1948, he was born in Des Moines at Mercy Medical Center. Savings and gift Ismail parents scrape together $ 3,000 “pre nest egg” out of relatives. They invest money in a company called Lexington leading mutual funds, which have assembled a portfolio to reflect the US industrial economy. When Ishmael was 12 years old, his parents told him the account, but made him promise not to touch income, until the last day of 2008, when he was 60

Proved a serious bear market makes a bad time to split nest egg; the market fell 37% a year. Nevertheless, our New Year’s Eve baby is indeed very good. Despite the turmoil, Ismail stake grew to a little more than $ 1.3 million. Today, thanks to the bull market began in March 2009, the original $ 3000 investment value of more than 3.7 million $. These figures reflect the impact of stiff front-end sales costs.

Within Ishmael is fictional, but his investment results are very likely range. Professor Jeremy Siegel, the Wharton School of the University of Pennsylvania University, writes in an important book in 1994 called stocks for the long run . By showing it, over a longer period, a diversified stock portfolio continue to get considerable profits made in the case of long-term equity investments. This is still the case. From 1926 to 2016, there have been 20 years 72 (ie, December 31, 1925 to December 31, 1945; December 31, 1926, 1946, etc. December 31). Neve r said, and more than half of the average annual increase recorded more losses than any of those in the 20-year stretch of double-digit percentage predecessor Standard & Poor’s 500-stock index or a large capital.

Star seclusion. right, Siegel’s book came out, a woman named Anne SCHEIBER become a legend. SCHEIBER is a reclusive government lawyers, who lived in a studio apartment and living paycheck, never more than $ 3,150 per year. In 1944, 50 years old, she pulled together $ 5,000 and invest in stocksTickets. She reinvested dividends, but do not add more, when she died in 1995, her investment portfolio was valued at US $ 22 million.

Unlike Ishmael, SCHEIBER buy stocks. For example, in 1950, she took some of her profits to buy 1000 shares of Schering-Plow, a pharmaceutical company about $ 10,000. She was held. By 1995, these initial offerings, and by a stock split, to be 128 000 shares worth $ 750 million.

According to her agent, SCHEIBER “focus on the name of the franchise.” She has Coca-Cola (KO symbols), Ross (L), Pepsi (PEP) and oil giant, will eventually become ExxonMobil (XOM). She bought the company, its products, she knew, and as an elderly woman, she knows drugs, so she invested in Bristol-Myers Squibb (BMY) and Pfizer (PFE). Schering, by the way, the merger Merck (MRK) in 2009 (in bold are those stocks I recommend.)

SCHEIBER done well, but be aware that if you investment within a very long time, buying stocks carry a lot of risk. Not many companies survival and development for half a century. Consider the history of the Dow Jones Industrial Average index composed of. By Charles channel 12 in the first component 1896 selected, only one remains as: GE (GE). the rest? Well, you heard Laclede Gas or distillation and breeding cattle Co. recently? The remaining 11 original road company was liquidated or absorbed by other companies. Since

In 1979, only five Dow components have been in addition to GE consistent (ie, they remain without being removed and put back on average) part. They are ExxonMobil, IBM (IBM), Merck, P & G (the PG) and United Technologies (UTX). Changing the Dow reflects the shifting nature of the economy and the prospects for individual companies weakened.

Standard & Poor’s changed for the same reason, there are about 20 companies dropping out of school, to be replaced every year. byAdam Parker, strategist at Morgan Stanley and then, in 2015, the analysis found that half of the component. So change between 1999 and 2015, when you buy an index fund, such as Vanguard 500 Index (VFIAX), a mutual fund tracks the S & P 500, or SPDR Dow Jones Industrial Average ETF (DIA), exchange-traded fund, imitation, and goes by the nickname Dow diamond, you are slowly changing in a portfolio.

Tenacity, however, can pay off. Ismail old fund is now called of Voya business leaders B (LEXCX). It started life in 1935 with SIMPLË proposition: a good beginning of the next century and has a chance to survive, 30 solid companies. Hold on to them, unless they are of a merger or bankruptcy.

Business leaders today have an unusual portfolio. The Fund holds no technology stocks (technical representatives of S & 20% P), and no health care (14% S & P in). Instead, it is the weight in the base material and energy, the total fund assets 36%, while the proportion of S & P 9%.

Business leaders have striking good performance. The original strands 30, 21 have survived, including Dow Chemical (DOW), GE and P & G. In the past 30 years, the fund invested six times. In the past 15 years, business leaders earned an average annual 8.9 percent, while the Standard & Poor’s, a 7.8% second in the top 1% of its category ranking, focusing on mutual funds undervalued large-cap stocks. (All returns through May 31)

The secret of success

Class B shares in a fund unloaded a year fee is low, just 0.59%. After all, no salary stock managers. However, despite its benefits, business leaders remain nearly stagnant, less than $ 1 billion of assets. This is not a true index fund, it lacks a hot actively managed funds pop charm.

You can purchase a business leader, I strongly recommend, or index funds track the S & P 500 or the Dow Jones index. Or you can try to build a portfolio for yourself very long term. Although corporate collarGuide’s success, target your portfolio should be diversified by industry better. I suggest you hold 15-30 large companies that you think will continue into the next century, in the same way to this point in most business leaders original company’s survival.

No one knows the future. However, you should be looking for the big record company has a strong brand, solid balance sheet and demonstrate ability to adapt. Dow itself is the best place to start, but I would choose American Express (AXP), Boeing (BA), Johnson (JNJ) Microsoft (MSFT) and Visa (V), plus some since 1979 has been in the index of those companies, including GE, IBM and P & G’s.

In addition to Microsoft, I would choose Google father

Letter (GOOGL), Amazon.com (AMZN), Facebook’s (the FB) and of Netflix (NFLX), for exposure to technology. But I will not include Apple (AAPL), the world’s largest stock market capitalization in, because it is too dependent on one product. I would like to at least have a large energy company, a pharmaceutical company and a number of additional consumer products businesses, but other than Wal-Mart (WMT), and no bank is not retailers. Retail and financial outlook is too uncertain , but the key to success is not what you have. That’s what you get for how long, you have it, and whether or destroyed by high fees. The great lesson of business leaders, have the least cost, never sell. never. The only way most of us get the discipline to stick to it in the difficult times are strictly adhere to this mantra, even blindness. March stock KET present you with a daunting challenge: to hold through thick and thin. However, if you meet this challenge, then, like Ismail and Anne SCHEIBER, you stand a good chance to come out the winner of a large-scale.

We are about in our first settled, we do not know the first thing is to buy homeowners insurance. How do we start, what we need to know?

For the first time home buyers Congratulations on! You usually get your car and home insurance discounts if you have these two in the same company policy – to get a quote from a company to handle your auto insurance begins. If you have a car insurance agent to find out whether he or she applies to one company or several companies who are independent brokers. Independent broker can give you a quote several insurance companies. You may also want to contact a few large individual insurance companies such as State Farm, it is not through independent sales agents. If yOU in any military aspect of your family, it is worth contacting USAA, too (see page USAA, who is a qualified list). If you do not have an independent agent, you can find a broker looking through independent agents in your area and the United States.

But before you start comparing quotes, you need to decide how much coverage to get. The insured value of a home is based on the cost to rebuild the house, rather than market value. And even if the market value is still down in many areas, reconstruction costs are on the rise. You can rebuild cost AccuCoverage.com home, which requires a large number of estimates of the size of the house, building materials and details, and then use the same database construction costs, the insurance companies. Or you can be estimated W¯¯ Orcs and agent or insurance company.

Home owners insurance automatically provides coverage based on the insured value of your home a certain percentage of your property –75% is typical. So, if your home is insured $ 200,000, you have up to $ 150,000 to cover your property. However, homeowners insurance policies typically limit for certain types of projects – such as $ 2,000 or $ 3,000 for all of your jewelry, for example. If you have any special something valuable – such as jewelry, works of art or special collections – items you may want to get additional coverage. See What is homeowners insurance really cover?

For more information on the special report valuables, you also need to choose the amount to be deducted IBLE. OneA good way to reduce insurance costs is to select at least a $ 1,000 deductible. This will reduce your premiums, and encourage you to apply for small claims, you can let off by the insurance company or cost you a free-claims discount. Then, be sure to keep enough money in your emergency fund to cover the deductible if you need to make a claim.

Before you fancy an insurance company, through the National Association of Consumer checked the source of information for the insurance company’s complaint record of Insurance Commissioners. Save a few bucks premium, if your insurance company may be counter-productive at both ends of the hassling you about the statement.

If you’re worried about flooding, which is not part of the family property insurance, go to www.floodsmart.gov to see the risk of floods and GE’s family of fast hardware prices through the National Flood Insurance Program flood coverage. You can purchase flood insurance Most homeowners insurance agent. Your mortgage company may require flood coverage if you live in a high risk area, but it may be worth getting even if it is not necessary coverage. For more information please see Protecting your home against floods and finance.

When you get into your new home, this is the perfect time inventory, which will simplify the claims process, claims in the future if you have to submit. Take pictures or video of each room, keep the receipt valuables, and keep the local copy of the document far from home, so if you need can be easily accessed. See How to Prepare an emergency to detail.

Although Black Friday reputation as one of the year’s best days get cheaper, it will be a good deal more than a year at Thanksgiving. This is because most major retailers will be kicked them on Thursday, November 27, instead of Friday, November 28, 2014, sales of large

However, if you do not “like scheduling your time to shop around Thanksgiving dinner ideas T, you can still wait until Black Friday to start their holiday shopping at discount retailers find a lot of projects, and those they will stagger the best prices a few days. to help you locate the best sales, we ask this of USB flash drives editor Kristen Cook, BFAds.net founder 迈克尔布赖姆 and fat wallet online shopping expert Brent SheltoN on behalf of their draft picks large doorbusters, they are greatly reduced expensive project, but supply is limited. the three spend their days over Thanksgiving and Black Friday retail sales of advertising in order, let them know what concessions will be difficult beat.

They are all nominated Black Friday retailer’s brick and mortar store picks provided, but your head before the door to see if the same discounts available online, you should check from Website TV

LG 32-inch 720P LED HDTV -. $ 179.99 at Dell.com Yes, Wal-Mart will be deducted from a variety of discount brands on Thanksgiving 32-inch HD TV to $ 98, but you do not even have to leave the comfort of your home and then work on a brand name of this exclusive group of online transactions. this is the top of a B1 Cook ACK rebound Friday, and from 8 am to ensure that stock high-quality HDTV am to 22:11 May 28 will be down 40% from the original price of $ 299.99

Samsung 40-inch LED HD 1080 – $ 329.99 Sears Target will sell deviate brand 40-inch high-definition television at half the price of its sales during the Thanksgiving, but this brand-name high-definition TV will, which opened at 6:00 am Sears, and this set the size of the quality of the best black starFive transactions will be lowered 28 November 200 $, Cook said. In addition, Sears is a loyal member who buy this TV is $ 30 points.

Vizio 50-inch 1080p LED HDTV – the $ 398 Sam’s Club

The deal does not match the 50-inch SA on Thanksgiving approaching Best Buy Panasonic HDTV $ 199.99 US dollar price of music. But it is also possible that this quality setting, which will cut $ 200 Sam’s Club during the Black Friday promotion, which began at 7 am less competition

Samsung 55-inch curved 4K Ultra HD TV – $ 1,278 Sam’s Club member.

This TV at least 10 times higher than the cheapest brand high-definition television off, it will be doorbuster Thanksgiving transactions more expensive. But it’s still a deal considering that it is a name brand ultra-high definition 4K technology curved set, usually priced at $ 2,199 notebook

Dell Inspiron 15 – $ 189 one at Dell.com.

This is a basic laptop best Black Friday deal, Cook said. This notebook has a memory, Windows 8.1 4GB, and regularly sells for $ 299.99. In Dell.com Black Friday sale starts at midnight. video game and cooperation nsoles

Xbox a and “Assassin’s Creed: Unity” and “Assassin’s Creed IV: Black Flag” – $ 329, Best Buy, Sam’s Club with a game console and Thanksgiving sales price this price target to match the bundle, but the target offer also includes a $ 50 gift card. However, you do not leave your Thanksgiving dinner to get this deal Cook recommended when the door is in Sam’s Club at 7 am on Black Friday at Best Buy or 8:00 am

PlayStation 4 open at Sony console and “Grand Theft Auto V” and “the last of Us” – is priced at $ 399.99 GameStop’s

From XieHamilton picked this console transaction price will be the lowest price in matching Thanksgiving. GameStop stores in the November 28 or midnight or morning open 05 hours, depending on the location.

Nintendo 3DS XL red bundle and “Super Mario Brothers 2” – $ 149 at Sam’s Club

Cole will also be sold Nintendo 3DS XL and “Mario party island” Game $ 149, but sales begin 6:00 pm. Thanksgiving. In Sam’s Club sales begin Friday morning at 7:00.

Smartphone

Apple iPhone 16GB of 6 and 2-year service contract – $ 99 at Sam’s Club

Deal as recommended by Brim and Shelton well, because the deal offers the best iPhone 6 on Thanksgiving Day. Doors 7:00 to November 28, open at Sam’s Club. Also note that Wal-Mart is providing iPhone 6 edge of a contract with AT & T or Verizon’s next “qualified buyers” and $ 75 gift cards as part of its pre-Black Friday sales now being part of the $ 0 down.

Tablets

Samsung Galaxy Tab 4 – $ 249.99 Sears

Sears is cutting its Black Friday sales start at 6:00 in the morning, and give their loyalty members of the program who make this purchase $ 20 of bonus points, Cook said that in this 10.1-inch tablet has a price of 16GB $ 100.

Toys

Selected Barbie, Disney dolls and Hot Wheels collection bag 5 – $ 2.99 at K-Mart

Black Friday in the Barbie Kmart price from $ 2 to shoot at Target and Wal-Mart Thanksgiving price. Doors open at 6 am on November 28

Disney’s “freeze” singing and talking Elsa and Anna two pack – $ 29.99 at Toys “R” Us.

Toys tied to the hit movie “frozen” is among the most popular items for the kids this holiday season. Doll these two packages is regularly $ 49.99, only “R” in the toy fighting the city, which opened 7:00 Black Friday, Cook said:

Thomas and Friends wooden railway growth now I play table – In the Toys “R” US $ 99.99

If you want to make your child Thomas hit the table, rather than the more expensive brand close the table, you can get half-price Toys “R” Us Black Friday beginning 7:00. Note, however, that Toys “R” Us will be from $ 79.99 at the 5:00 pm note of the Imaginarium of 55 train sets and table $ 39.99 Thanksgiving Day sales

Sportspower Wood Theater – $ 99.99 at Toys “R” Us.

This easy to assemble outdoor theater regularly priced at $ $ 199.99

Kitchen & Household

Select small kitchen appliances. – $ 7.99 $ 9.99 Macy’s

Than a dozen projects, including a blender, toaster, coffee maker, regularly sell $ 39.99 to $ 49.99 will be marked down. Shelton said the deal also may be available online, because a similar last year. Black Friday prices need to mail-in rebate, and the price of these small appliances will rise to $ 29.99 after 1 pm. November 28

Essential home 25 non-stick cookware set – $ 39.99 at Sears

Cook said, this set of regularly sell for $ 89.99 and will close in more than half of Sylvester Sri Lanka’s 8:00 Black Friday sales.

NutriBullet stirrer – $ 89.99 in Sears.

This mixer will be $ 119.99 down starting am and Shi November 28 Sears loyalty program members will receive a $ 20 bonus points with this purchase.

Krieger elite Programmable Brewer – $ 99.99 at Sears

Best Buy also sells KEURIG brewing system with its $ 99 Thanksgiving sales in the $ 20 gift card. However, if they are inSears Black Friday to buy the brewing kriging system (regularly $ 139.99), Sears loyalty members will receive a $ 30 bonus points, Cook said.