Portfolio Strategy Vs. Portfolio Tactics

When managing your assets you have to consider your overall strategy as well as tactics. Hopefully by now you've overcome all the gloom and have re-equitized your accounts. If not you may want to read some of my previous posts. So what is the difference between strategy and tactics?

Lehman Brothers Files for Bankruptcy on September 15, 2008

This event sent shockwaves through the financial world and the global markets crashed. Swings of 5-10% in the global markets could be seen by the hour. It was chaos, despair and panic. Many sold their stock holdings and fled to Treasuries for safety in preparation for the Great Depression. Was it a good decision?

Happy Chinese New Year! What stocks should I buy in the Year of the Tiger?

We are now into the Year of the Tiger and after surviving the "Great Recession" many are wondering what is next for stocks. PIMCO argues that we are going into the "New Normal". Hard to argue with their thesis, but you may receive an inflation adjusted 0 percent return if you invest in their Total Return Fund (All Bonds) for the next few years.

So where to invest? The MSCI All World Index (Ticker: ACWI) is a good place to start, but most people like to pick individual stocks. So the following will give you some ideas on where to find good stocks.