It is commonly known that the higher the return rate, the faster you will achieve your financial goals. Just look at the chart below. A small difference in the rate of return will result in big difference after several years of compound interest effect.
You might have heard this one before: frequent rebalancing to simultaneously lock in profits and dollar cost average into lower priced assets will provide better returns. We examined the myth and here’s what we found.
Let's say you invest in several asset classes. Your gold investment gives over 100% return last year. Your stock investment turned sour since the beginning of this year. The apartment you rented out gives you a consistent return month after month because of your loyal tenants. Many type of investment, all with different return. So how do you know your overall investment portfolio is doing? Is it on track? Read on to find out. A free spreadsheet is given for your customization.