Money | Page-128 | NewJerseyNewsroom.com -- Your State. Your News.

newjerseynewsroom.com

Friday
Aug 29th
  • Login
  • Create an account
    Registration
    *
    *
    *
    *
    *
    REGISTER_REQUIRED
  • Search
  • Local Business Deals

Money

Five myths about asset allocation

Five myths about asset allocation
BY JERRY MICCOLIS
COMMENTARY

When it comes to your investments, nothing is more important than asset allocation. Yet many investors don't fully understand how to use this comprehensive, top-down strategic approach to achieve solid long-term investment returns.

There are several common misconceptions about asset allocation. Here are five that, as an investment advisor, I hear often:

1. The safest portfolio is the least volatile one. Actually, the safest one is a portfolio with the highest probability of meeting your overall long-term financial needs. That is not always the least volatile. For instance, a low-volatility portfolio wouldn't provide the kind of growth most people in their 20s, 30s and 40s need to stay ahead of inflation - and inflation is their biggest risk. But for someone in their 80s, a volatile portfolio might be too risky.

2. You can diversify with stocks and bonds. Stocks and bonds alone aren't enough. You need to add alternative investments such as REITs and commodities that "zig" when the stock and bond markets "zag." Be wary of exotic alternative investments such as hedge funds, though, which can be risky and carry high fees.

 

 

SBA wants more lending in underserved communities

SBA wants more lending in underserved communities
BY ROHIT ARORA

We knew that the credit crunch had taken its toll on small businesses between June 2009 and June 2010, but until recently we did not know how severe the drop in lending really was. Last...

Is paying 1 percent to a financial adviser too much?

Is paying 1 percent to a financial adviser too much?
BY WARREN BOROSON
NEWJERSEYNEWSROOM.COM
BOROSON ON MONEY

A woman I know, in her 70s, has a nest egg of $500,000. Her financial adviser just retired and she's looking for a new one. I gave her some names ...

Gamblers give Atlantic City casinos a cold shoulder in January

Gamblers give Atlantic City casinos a cold shoulder in January

Revenue down by 13.2 percent when compared to January 2010

BY TOM HESTER SR.
NEWJERSEYNEWSROOM.COM

Add the worst winter weather in 16 years to the problems faced by the operators of Atlantic City's 11 ca...

Inflation danger and the Mickey Mouse lesson

Inflation danger and the Mickey Mouse lesson
BY GERALD J. ROBINSON
NEWJERSEYNEWSROOM.COM

Many remember the classic episode from Walt Disney's Fantasia where Mickey Mouse, having learned the Wizard's incantation for making brooms carry well water t...

UBS agrees to repurchase $1.5 billion in auction-rate securities sold to New Jerseyans

UBS agrees to repurchase $1.5 billion in auction-rate securities sold to New Jerseyans

Must pay state $3.7 million in civil penalties

The state Bureau of Securities has signed a final consent order that requires UBS to repurchase $1.5 billion in auction-rate securities from New Jersey cl...

N.J. tax preparation businesses cited for improperly advertising instand refunds

N.J. tax preparation businesses cited for improperly advertising instand refunds

Division of Consumer Affairs warns against Refund Anticipation Loans

The state Division of Consumer Affairs has fined five income tax preparation outfits improperly advertising so-called "instant," "sa...

Municipal bonds: Time to sell or buy munis?

Municipal bonds: Time to sell or buy munis?
BY WARREN BOROSON
NEWJERSEYNEWSROOM.COM
BOROSON ON MONEY

I don't know about you, but my municipal bonds have of late lost me a painful amount of money. Among the various reasons for the decline: Investor...

Newark Airport is most expensive in nation

Newark Airport is most expensive in nation

While Atlantic City Airport has country's lowest average fares

Travelers flying from New Jersey have a choice of tickets — they can pay a little or they can pay a lot.

Domestic flights from Newark Liber...

Page 128 of 209

Follow/join us

Twitter: njnewsroom Linked In Group: 2483509