Brendan published a great post yesterday afternoon. You can find the link below. He likens a baseball manager filling out a lineup card to an investor properly locating their investments. You wouldn’t hit your pitcher cleanup, so why would you own something like a REIT in a taxable account. Asset location is equally as important as asset selection.
Here’s what I’ve been reading this morning:
‘Asset Location: Your Portfolio’s Lineup Card’ – Brendan Mullooly – Mullooly Asset Management
‘Time to Look at Facebook’ – Ali Mogharabi – Morningstar
‘Things That Fund Managers Don’t Say Enough’ – Joe Wiggins – Behavioural Investment
‘The Beginning of the End?’ – Michael Batnick – The Irrelevant Investor
‘That Time a U.S. Senator Tried to Actually Me’ – Ben Carlson – A Wealth of Common Sense
ENJOY!