Bulletproofing your Investments Connecticut

When the economy is doing well, it's a common mistake to leave cash for immediate needs in a mutual fund in hopes of making a little more profit before withdrawing funds. Read this article and know more.

Local Companies

Allstate Agent Kevin Tobin
203-237-2227
477 South Broad St
Meriden, CT
Westport Management & Financial, LLC
(203) 268-7612
10 Bay Street
Westport, CT
Rose City Financial Services, LLC
860-383-6044
65 Yantic Lane
Norwich, CT
New York Life Insurance Company
203 907 9573
99 Hawley lane
Stratford, CT
New York Life Insurance Co
203-385-5219
99 Hawley Lane Suite 1400
Stratford, CT
Alan J. Grouse
203-457-0690
42 Harrison Road
Guilford, CT
Cadwell & Associates, LLC
203 453-2989
741 Boston Post Road, Suite 307
Guilford, CT
ARIA, LLC
203 453-9075
2488 Boston Post Road, Suite A
Guilford, CT
Barnum Financial Group
203-689-9011
2614 Boston Post Road, Suite 33B
Guilford, CT
Compass Securites & Asset Management
203 453-7000
10 Water Street
Guilford, CT

The last time you looked at your 401(k) or other investment portfolio, you probably weren't happy with how the current economic times were affecting the growth of your nest egg. But in slow economic times, should you expect your money to continue to grow, and is there a way to minimize-or even eliminate-losses?

While there isn't a way to bulletproof your investments from short-term loses, you can put a bulletproof vest on your long- and short-term financial goals. How? Through variations of the bucket system.

The bucket system teaches you to include in your investment accounts various types of mutual funds, stocks, bonds and even savings accounts based on when you will need the money and your acceptable risk levels.

For instance, if you know you're going to need money in the next two years for a down payment on a home or for your son's or daughter's college tuition, you want that "bucket" of money to be in safe investments such as a money market account, short-term CDs, short-term bonds or savings accounts, says Peggy Cabannis, president of HC Financial Advisors Inc.

When the economy is doing well, it's a common mistake to leave cash for immediate needs in a mutual fund in hopes of making a little more profit before withdrawing funds.But, Cabannis says, markets turn sour, as they recently have, and you could lose a large chunk of your investments-without having the time to make it back in the future. An example is a mutual fund dropping 10 percent in value when you had $75,000 saved for your new home. You just lost $7,500 of your down payment. But if you'd taken the $75,000 out just three months earlier and put it in a savings account with an annual rate of 2.5 percent, you would have earned $468.75-guaranteed....

Click here to read the rest of the article at SuccessMagazine.com

Featured Local Company

Allstate Agent Kevin Tobin

203-237-2227
477 South Broad St
Meriden, CT

Regional Articles
- Bulletproofing your Investments Ansonia CT
- Bulletproofing your Investments Bethel CT
- Bulletproofing your Investments Bloomfield CT
- Bulletproofing your Investments Branford CT
- Bulletproofing your Investments Bridgeport CT
- Bulletproofing your Investments Bristol CT
- Bulletproofing your Investments Cheshire CT
- Bulletproofing your Investments Danbury CT
- Bulletproofing your Investments East Hartford CT
- Bulletproofing your Investments East Haven CT
- Bulletproofing your Investments Enfield CT
- Bulletproofing your Investments Glastonbury CT
- Bulletproofing your Investments Greenwich CT
- Bulletproofing your Investments Groton CT
- Bulletproofing your Investments Guilford CT
- Bulletproofing your Investments Hamden CT
- Bulletproofing your Investments Hartford CT
- Bulletproofing your Investments Manchester CT
- Bulletproofing your Investments Meriden CT
- Bulletproofing your Investments Middletown CT
- Bulletproofing your Investments Milford CT
- Bulletproofing your Investments Naugatuck CT
- Bulletproofing your Investments New Britain CT
- Bulletproofing your Investments New Canaan CT
- Bulletproofing your Investments New Haven CT
- Bulletproofing your Investments New London CT
- Bulletproofing your Investments Newington CT
- Bulletproofing your Investments North Haven CT
- Bulletproofing your Investments Norwalk CT
- Bulletproofing your Investments Norwich CT
- Bulletproofing your Investments Plainville CT
- Bulletproofing your Investments Ridgefield CT
- Bulletproofing your Investments Rocky Hill CT
- Bulletproofing your Investments Shelton CT
- Bulletproofing your Investments Simsbury CT
- Bulletproofing your Investments South Windsor CT
- Bulletproofing your Investments Southbury CT
- Bulletproofing your Investments Southington CT
- Bulletproofing your Investments Stamford CT
- Bulletproofing your Investments Storrs Mansfield CT
- Bulletproofing your Investments Stratford CT
- Bulletproofing your Investments Torrington CT
- Bulletproofing your Investments Trumbull CT
- Bulletproofing your Investments Vernon Rockville CT
- Bulletproofing your Investments Wallingford CT
- Bulletproofing your Investments Waterbury CT
- Bulletproofing your Investments West Hartford CT
- Bulletproofing your Investments West Haven CT
- Bulletproofing your Investments Westport CT
- Bulletproofing your Investments Wethersfield CT
- Bulletproofing your Investments Willimantic CT
- Bulletproofing your Investments Wilton CT
- Bulletproofing your Investments Windsor CT
- Bulletproofing your Investments Winsted CT
- Bulletproofing your Investments Wolcott CT
Related Local Events
Finance Committee
Dates: 12/8/2009 - 12/8/2009
Location: South Windsor Chamber of Commerce
South Windsor, CT
View Details

Fall Seminar Series - How to Prepare for Year End Tax Reporting
Dates: 11/18/2009 - 11/18/2009
Location: East Granby Public Library
East Granby, CT
View Details

Fall Seminar Series - How to Prepare for Year End Tax Reporting
Dates: 11/18/2009 - 11/18/2009
Location: East Granby Public Library
East Granby, CT
View Details

Finance Committee
Dates: 11/10/2009 - 11/10/2009
Location: South Windsor Chamber of Commerce
South Windsor, CT
View Details

Is Your Financial Health in Jeopardy?
Dates: 10/22/2009 - 10/22/2009
Location: Acton Public Library
Old Saybrook, CT
View Details

Rss   Delicious   Digg   Add To My Yahoo   Add To My Google   Bookmark   Search Plugin

Topics:
Advertising Family Home Services Real Estate Resources
Business Services Fashion Industrial Goods & Services Retail & Consumer Services
Career Financial Services Insurance Software
Cars Food & Beverage Internet Technology
Computer Hardware Franchise Legal Telecommunications
Construction Health Miscellaneous Trade Shows
Education Holidays Nightlife Travel
Entertainment Home Appliances Online Database Weddings
Environmental Home Electronics Pets World History