-
|
Action Steps – Check each action step as it is completed.
-
Identify fixed-income investments that match your goals and available cash flow.
-
Research these investments and compare at least three specific products (e.g., bond mutual funds). Make a list of financial goals so you can match them with appropriate fixed-income and other investments.
-
Determine your marginal tax bracket to see if tax-exempt investments are a cost-effective option (See Unit 7 for details).
-
Investigate fixed-income investments (e.g., bond funds) available through your employer [e.g., 401(k) plan].
-
Attend an investment seminar sponsored by Cooperative Extension or financial services firms.
-
Reduce household expenses to free up money to invest (See Unit 3 for details).
-
Calculate the percentage of your portfolio allocated to fixed-income investments.
|