How Well-Diversified Portfolios Beat Inflation Over Time
b'With Terry Savage, Nationally Recognized Expert on Personal Finance, the Markets and the Economy, Author \\u2013 The Savage Truth on Money (Amazon.com Best 10 money books), Author - The New Love Deal:\\xa0 Everything You Must Know Before Marrying, Moving In, or Moving
Terry Savage and Steve Pomeranz are both featured speakers at the MoneyShow in Orlando, Florida, in March 2016, a convention that offers individual investors a one-stop resource for unbiased investment education with keynote sessions, panel discussions, free educational seminars, state of the art investing tools, live trading software, networking opportunities, and more. While Steve will talk about investing like Warren Buffett, Terry will talk about focusing on things beyond investing. She says that while most people do focus on their investing, they need to also focus on doing something with the money they\\u2019re accumulating, such as their IRA withdrawal plan, their estate plan, long-term care insurance, etc.
Terry\\u2019s website features a recent interview with Warren Buffett. She addresses recent market volatility in the first month of 2016, and advises investors to focus on basic facts and to keep things in long-term perspective. The one fact she likes to share is that there has never been a 20-year period (going back to 1926) when investments in large diversified U.S. stocks\\u2014with dividends reinvested\\u2014have ever lost money, even after accounting for inflation. So stay invested over the long run and believe in the American economy!
Although everyone has heard this many times, it\\u2019s difficult to act on this simple advice, because investors are often driven by fear and greed, which often does them in. Here\\u2019s where Terry recommends having a good fee-only investment advisor. So know your stage in life,\\xa0 plan for what\\u2019s next, and diversify your portfolio accordingly\\u2014all necessary tools to beat inflation.
She warns against taking extraordinary risks just to earn a slightly better return and respects the value of having a certain amount of your portfolio in cash, so you have enough to see you through retirement.
Finally, Terry\\u2019s surprised by the Millennial Mistake, the notion that millennials prefer employer provided paid time off and life insurance instead of 401(k) benefits. She understands that the 2008 crash was brutal for many of them but wants them to use time, the greatest asset they have, to grow their wealth in a compounded fashion.'