Investing Video Playlist Notes
Investments 101
- US Government Bonds are considered risk-free because the U.S. government can print money to meet debt obligations.
- Government bonds were better investments in the 1980s due to significantly higher interest rates.
- Corporate bonds are issued by companies with higher yields but greater default risk, while municipal bonds are issued by state/local governments for public projects, often tax-free.
- Stocks are referred to as "the market", with typical returns historically at 7-10%.
- Suggested asset allocation: Stocks 60%, Bonds 30%, Alternatives 10%.
What the Heck is the DOW?
- General Electric is the only company that has been a part of the Dow-Jones Industrial Average since its establishment.
- The DOW includes 30 companies today.
- Investors follow the DOW, even though it represents a small percentage of companies, because it reflects overall market sentiment.
- What's actually happening is more important than what people think is happening when following stocks.
- Investors shouldn't stress and not check the DOW too often.
What the Heck is a Mutual Fund?
- Mutual funds are described as "investment stew" because they are a diversified mix of various investments.
- Benefits of investing in mutual funds include diversification and risk reduction.
- Actively managed funds are typically more expensive than passively managed funds.
- 401(k)s are similar to mutual funds as they invest in a diversified portfolio of assets.
How Risky is the Stock Market?
- A stock is a share representing ownership in a company.
- Stocks from smaller companies are riskier than those from larger companies.
- Suggestions to protect investments: diversify your portfolio and focus on long-term investing.
- Avoid checking your stock portfolio too often to prevent emotional decision-making.
Is Retirement Even Possible?
- AARP suggests saving 1.18 Million for retirement.
- 28% of people over 55 have nothing saved for retirement.
- Three ingredients for a solid retirement: good markets, time, and compound interest.
- "Two Cents" recommends getting financial advice from a sworn fiduciary (someone who is sworn to solely help others and not be a detriment towards your financial life).