As Asher Rogovy, CIO of Magnifina, noted, “you don’t know if the person behind the username is a smart investor, a lonely widow, a company insider or a bored teenager.”
“Buffett’s BNSF railroad purchase was surprising at the time,” said Asher Rogovy, chief investment officer at Magnifina, LLC in New York City.
“REITs are a great way to gain diversified exposure to real estate,” said Asher Rogovy, chief investing officer at Magnifina, a registered investment adviser with the Securities and Exchange Commission. “Exchange traded REITs also have the benefit of liquidity, whereas individual real estate investments might last decades.”
Asher Rogovy, chief investment officer of the advisory firm Magnifina, recommends starting with index funds.
“They can hold hundreds of stocks. With so many stocks, investors can earn a typical return without worrying about a catastrophic loss from a single bad company,” he said.
Dividend stocks are still stocks, and business prospects can and do change significantly, said Asher Rogovy, chief investment officer of Magnifina in New York City.
“Some companies must cut their dividend in response to economic weakness,” he said. “Also, since dividend payers are stable businesses, they won’t grow as quickly as others.”
“When retiring on investment income alone, it is important to address all the risks,” said Asher Rogovy, chief investment officer of Magnifina, an SEC registered investment advisor firm.
“Diversification helps to avoid unpredictable risks specific to a single company,” said Asher Rogovy, chief investment officer of Magnifina, LLC. “These risks are rare but can ruin a portfolio concentrated into just a few positions.”
“It’s not as simple as simply trading a portfolio of growth stocks for dividend stocks upon reaching retirement,” [Rogovy] said. “Rather, we gradually shift the portfolio’s focus as retirement approaches.”
“If you have a long-term horizon, don’t stress yourself out by looking at the number every single day,” Asher Rogovy, the chief investment officer at Magnifina, said. “Over the long term, investors are more affected by compound returns than short-term volatility.”
“Restaurant spending provides an early view into consumer confidence because it’s one of the first expenses people cut when they’re worried about finances,” Rogovy said.
