Recommended Reading: Four Books That Cover It All

by William Reichenstein

Recommended Reading: Four Books That Cover It All Splash image

Through the decades, Bob and Betty Smith have acquired a healthy financial portfolio worth about $1.5 million.

They owe their success to three factors. First, they have saved diligently, especially in the most tax-advantaged savings vehicles like the Roth IRA and 401(k).

In this article

Share this article

Second, they selected and maintained a target asset allocation with a healthy allocation to stocks. While in their 30s, their stock allocation was about 90%, but it has slowly decreased through the years and at their current age of 60 it is about 55%.

To read more, please become an AAII Registered User or CLICK HERE.

First:   
Last:   
Email:

              
→ William Reichenstein