Investing do-s and don't-s

Morningstar’s Director of Passive Strategies Ben Johnson shares his personal investing manifesto, in eight simple bullet-points

Ben Johnson, CFA 15 April, 2019 | 5:00PM

This is my personal investing manifesto, written in a do's-and-don'ts format. Roughly 90% of my household's investable assets reside within 401(k) employer-sponsored retirement savings plans, individual retirement accounts, or college saving 529 plans. The remaining 10% is in a rainy-day fund, currently earning just over 2% per year in an online savings account. In amassing and managing these assets, I adhere faithfully (most of the time) to these basic principles.

Do's

1) Save. You can't invest money until you've saved money. Saving is all the more important in the context of the depressingly low expected returns we face today. The market likely won't do the heavy lifting for you over the next few years, so you will have to shoulder more of the burden.

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About Author

Ben Johnson, CFA

Ben Johnson, CFA  Ben Johnson, CFA, is director of global ETF research for Morningstar and editor of Morningstar ETFInvestor, a monthly newsletter.

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