Avoid Fund Overlap to Achieve True Diversification in Your Portfolio

Morningstar's Instant X-Ray Tool

Tweet Identify and Eliminate Overlap for Real Diversification So, you’ve got a nice portfolio with a handful of index funds that include a good mix of growth, value, and various market caps. You’re diversified quite well, right? Not so fast. If you’re like most investors, even though you have a number of funds that you’re […]

5 Reasons Why You Will Retire Broke and Unhappy


Tweet Retirement is one of the major end goals for many of us. After putting in a few decades of hard work we hope to be able to break free from the daily grind and do what really makes us happy. That could be starting a new career, traveling the world, or simply enjoying a […]

How Correlation Between Asset Classes Affects Your Portfolio


Tweet Proper Asset Allocation Requires Understanding Correlation Coefficients Correlation coefficients? What on Earth does this have to do with creating a diversified portfolio? If this sounds foreign or complex to you, don’t be alarmed. It isn’t nearly as scary as it sounds. You’re probably picturing high school or college math classes, but correlation coefficient is […]

The Top 5 Ways to Become a Millionaire – How to Become a Millionaire


Tweet Anyone Can Become a Millionaire by Following a Few Simple Steps Becoming a millionaire isn’t all that difficult and there are countless ways to achieve that milestone. Some people do it through real estate, others start their own business, while some simply get lucky by winning the lottery or winning big on a game […]