Optimizing an Investment Portfolio

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In this chapter, the speakers discuss ways to optimize an investment portfolio for better returns and reasons why someone may choose not to make those optimizations. They mention the benefits of keeping the portfolio simple with a majority allocation to intermediate bonds and a smaller percentage in a total stock market index. They also delve into the strategy of tax loss harvesting and how it can be advantageous for investors.

On today’s Millennial Investing Rewind Episode, Robert Leonards chats with Chris Kawaja to learn about why and how he believes you should be investing your emergency fund, using The Ultimate Liquidity Portfolio strategy. Chris is a Stanford and Harvard graduate who worked at Goldman Sachs and Bridgewater Associates, which some may recognize as this super investor, and one of my favorite investors, Ray Dalio’s firm. Chris is also a successful entrepreneur, author, and real estate investor.

IN THIS EPISODE, YOU’LL LEARN

00:00 - Intro

03:39 - How money in a high-yield savings account, like an emergency fund, actually lose money over time.

06:45 - Three major finance trends that have altered the investing landscape.

09:22 - What is "The Ultimate Liquidity Portfolio” strategy?

09:22 - How has this strategy performed in the last financial crisis?

20:51 - Is it really necessary to have a mix of stocks and bonds in your portfolio to create wealth?

40:53 - What are the "jobs" money has in one's life?

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Recommended Book: How To Stash That Cash by Chris Kawaja.
Recommended Book: Broke Millennial by Erin Lowry.
Recommended Book: The Richest Man in Babylon by George Clason.
Recommended Book: Broke Millennial Takes On Investing by Erin Lowry.
Recommended Book: Millennial Money by Patrick O’Shaughnessy.
Check out the books mentioned in the podcast here.

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