Finding Shelter From the Storm - Black Enterprise

Finding Shelter From the Storm

When it comes to wealth building, most investors would prefer never to hear (or read) another word about 2008. And frankly, we agree. But in order to move forward, it’s important to face up to the past. So now might be a good time to open up those quarterly mutual fund statements you’ve been ignoring. Go ahead. We’ve got your back. Here in our annual investment guide, we’ll show you how to repair and fortify your portfolio for the future.

In the guide’s main story, “Finding Shelter from the Storm,” we offer several ways to strengthen your investments by peppering your portfolio with investing experts’ “safer” holdings. Those include a list of mutual funds that concentrate their holdings in Treasury bonds, municipal bonds, corporate bonds–and even some stock funds.

Then, in “Regain Your Balance,” we’ll show how steep devaluations in assets can upset your portfolio’s equilibrium–and illustrate how to reallocate your holdings to regain an appropriate mix of stocks, bonds, and other investments. Finally, in “Make Lemonade from Lemons,” we’ll help you make the most of 2008’s capital losses (that is, if you actually sold shares for a loss) with some tips on how to turn them into a lower tax bill. That doesn’t sound so bad, does it?