Step 4: Selecting and Managing Your Investments

Step 4 of the PRISM process uses your wealth-building plan to select investments appropriate for your portfolio. In this step, you learn how your allocation and preferences guide the choice of which investments to buy and hold. You then learn how to create buy and sell rules for stocks, bonds, mutual funds and exchange-traded funds (ETFs). You'll use these rules to determine which investments should go into your portfolio and which ones should be removed.

Course Outline:

Lesson 1: Selecting and Managing Your Investments

Lesson 2: Narrowing Down the Fund Universe

Lesson 3: Finding a Fund: Where to Start

Lesson 4: Buy and Sell Rules for Mutual Funds and ETFs

Lesson 5: Narrowing Down the Stock Universe

Lesson 6: Finding a Stock: Where to Start

Lesson 7: Buy Guidelines for Stocks: Value and Growth

Lesson 8: Buy Guidelines for Stocks: Income and Momentum

Lesson 9: Sell Guidelines for Stocks and Other Rules

Lesson 11: Narrowing Down the Bond Universe

Lesson 12: Finding a Bond: Where to Start