I Will Teach You to Be Rich
Investing
Maximize your portfolio with asset allocation
from I Will Teach You to Be Rich: No Guilt. No Excuses. No BS. Just a 6-Week Program That Works by Ramit Sethi
How to Apply This
- Think about your financial goals and research funds that can help you reach them.
Consider how long you can wait for your money to grow and what you're saving for. Research funds that match your goals and pick investments that fit your style. - Choose a low-cost investing strategy and automate your regular investments.
Pick a strategy that doesn't require a lot of maintenance and will pay off in the long run. Automate your regular investments so you can relax while your money grows. - Invest in different asset classes and diversify your portfolio.
Investing in different asset classes is important to protect against bad decades and generations. Look into stocks such as large-cap, mid-cap, small-cap, and international investments. Bonds also have different types, such as government, corporate, short-term, long-term, municipal, and inflation-protected. Diversifying your investments is key to long-term safety.
Why Use Mentorist?
- Track your progress and build lasting habits
- Get personalized reminders to stay on track
- Access hundreds of book summaries with actionable steps
- Transform knowledge into action in just 15 minutes a day
Ready to Take Action?
Download Mentorist to track your progress, get personalized reminders, and turn this insight into a lasting habit.