By Raymond J. Lucia
A confirmed strategy to financially organize for retirementAre you pondering when you could make your retirement mark downs last?Concerned approximately inflation decreasing your procuring power?Worried in regards to the inventory market's violent swings?In Buckets of cash: tips to Retire in convenience and defense, nationally famous qualified monetary PlannerTM and radio character Ray Lucia provides you with a sensible and conservative approach to shield and develop your nest egg-so you could take pleasure in a comfy retirement with no being concerned approximately your funds working out.Developed via Lucia over his thirty-year occupation as a monetary planner, the "Buckets of cash" procedure is a confirmed solution to in achieving either source of revenue and development, whereas guarding opposed to the ravages of inflation. Buckets of cash is stuffed with in-depth insights and functional recommendation to help you verify your retirement scenario, keep the money you must final all your lifetime, and modify your plan to stable instances and bad.Regardless of your age, source of revenue, internet worthy, or funding event, you want to have an excellent plan to your retirement years. Buckets of cash will give you this type of plan, and exhibits you tips on how to enforce it.
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Extra info for Buckets of Money: How to Retire in Comfort and Safety
Also keep in mind that you can’t lose more than the amount you invest. Thus, the $10,000 that you effectively threw away is still $10,000. But the amount you can make with a stock investment is, in return for some risk, potentially unlimited. The trick, then, is to diversify your investments in such a way as to minimize your chances of losing everything and maximizing your shot at some big bucks. ” Granny, though a little lacking in the details, had the right idea. You don’t want to take foolish risks; you don’t want to be rash.
As you probably have figured out by now, I’m not the biggest fan of market timing. That’s because it can’t be done. I’m certain of it, and many studies bear this out. And if timing really worked, everybody in the know would do it. 00 S&P 500 minus best 16 months Treasury Bills $0 S&P 500 This is for illustrative purposes only and not indicative of any investment. Past performance is no guarantee of future results. 3/1/2003. © 2003 Ibbotson Associates, Inc. qxd 12/15/03 5:28 PM Page 14 14 INTRODUCING THE BUCKETS anyway.
Some asset classes (such as stocks and real estate) tend to do better in inflationary times than do fixed-income and cash investments. During periods of economic difficulty, bonds excel as interest rates decline. So, again, diversification—and a financial planner—can help you here. 5 show the effect of taxes and inflation on different kinds of assets. 2% 2% 0% Stocks Bonds This is for illustrative purposes only and not indicative of any investment. Past performance is no guarantee of future results.