Organizing Your Portfolio
I’m Mike Miles, and in this lesson, I’ll provide you with useful ways to view your investment portfolio and recommendations for arranging your accounts to make them easy to manage and more productive.
I’ll explain how a pension fund manager would view your portfolio and how to categorize your accounts in a way that makes organizing them easier.
I’ll advocate for simplicity and cost efficiency, and explain where you should position certain types of assets, as well as how to take money from your portfolio when you need it for spending in retirement.
I’ll also describe a trap that many retirement investors fall into, and how your TSP account can help get you out of it.
A poorly organize portfolio can actually drive up costs, inflate risk, reduce investment returns and, ultimately reduce the income that your resources can support over your lifetime,
In this lesson, you’ll learn how to organize your portfolio so that it is optimized for manageability and performance, and configured to support the maximum safe retirement standard of living.
