All In One Basket? The Risks of Sector Investing - Listen -

All In One Basket? The Risks of Sector Investing

Listen now

Description

We know you shouldn’t put all your money into a single stock. But what about putting a lot of it into a strong market sector, diversified among different companies? Would it ever make sense to do that? In today’s episode of Phil’s Tax Hacks, we’re answering that question. Here’s some of what we discuss in this episode: 0:00 – Intro 1:11 – The reality of sectors 3:40 – The importance of a financial plan 6:42 – Working with multiple advisors For more, visit us online: http://philstaxhacks.com Watch the video podcast on YouTube: Phil's Tax Hacks and Other Retirement Facts

More Episodes

See all »

Is Dividend Investing Dead?

Dividend investing has long been a staple in retirement planning, providing a predictable income stream for many retirees. However, the landscape is shifting. The concept of incidental income, which relies on the rebalancing of a portfolio and the cash flows it generates, is gaining...

Published 10/24/24

Phil's Tax Hacks

Published 10/24/24

How Raising the Social Security Retirement Age Could Impact You

Social Security is the backbone of retirement for millions of Americans, but big changes may be coming. There’s plenty of speculation about what might change to improve the solvency of the program, and one simple fix would be to change the retirement age. On this episode, we dive into the...

Published 10/17/24