Investing Like a Wall Street Deadbeat

By Gage DeYoung

Credit card companies refer to us as "Deadbeats" if we pay off our credit cards monthly and avoid their high interest charges while simultaneously taking advantage of their generous reward programs. Similarly, a "Wall Street Deadbeat" strives to minimize the fees and expenses associated with their investment portfolio while still utilizing a professionally allocated model to efficiently grow their wealth.

Significantly lower long-term return forecasts for stocks, bonds and cash require a proactive low-cost approach to investing.

This guide is for investors that want to keep more of their investment portfolios for themselves by giving less to Wall Street. It advocates using low-cost investments to build your investment portfolio, presents important investment portfolio building and management topics (asset allocation, diversification, laddering and rebalancing) in a simple way and provides sample models of low-cost "deadbeat" stock and bond portfolios.

• Language: English
• Publisher: Gage DeYoung
• Release date: Mar 17, 2017
• ISBN: 9781370236404

Gage DeYoung

Gage DeYoung is the Founder of Prudent Wealthcare LLC. Gage has over 20 years of professional experience and collaborated with hundreds of affluent families in the South Denver area from 2001-2014. His articles have been published by Business Insider and Investopedia and he has been quoted in articles appearing in U.S. News & World Report, The Fiscal Times, Investopedia, and Bankrate. In his spare time, Gage enjoys helping his local community through Rotary club, playing golf, skiing and spending time with his twin sons participating in their local Boy Scout Troop.

Book preview

Investing Like a Wall Street Deadbeat

Copyright 2017 Gage DeYoung

Published by Gage DeYoung at Smashwords

Smashwords Edition License Notes

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For Caleb and Paden.

Never be afraid to do the right thing.

"Beware of little expenses.

A small leak will sink a great ship."

Benjamin Franklin

Table of Contents

Acknowledgements

Prologue

Why Low-Cost Investing May be a Requirement

Adopt a Wall Street Deadbeat Mentality

Understanding the Importance of Asset Allocation

Adopt a Farmer’s Mentality

Build Your Low-Cost Orchard of Investments

Consider Using a Ladder

Rebalancing

Conclusion

Disclosure

About Gage DeYoung

Connect with Gage DeYoung

Acknowledgements

This guide is a result of more than 2 decades of professional experience obtained in the investment services industry and collaboration with hundreds of affluent investors.

I would like to thank the firms that previously hired me to represent them and all my colleagues that helped make previous roles manageable and enjoyable. Most of all, thank you to the families