Getting Some Help with Asset Allocation
Asset allocation is very important, and sometimes the slightest change can make a big difference. There are principles that you can use as guidelines when determining and evaluating how you want to allocate your assets or make changes to them. So, how about a little advice from a reputable source to help you out? Don't worry, there's no insider trading going on here, just Quicken's Asset Allocation Guide, which has some great tips. This guide has some very helpful information about assets and asset classes, how to go about allocating your assets, what an ideal portfolio looks like, monitoring your assets, and rebalancing your portfolio. In addition, this guide should be able to answer some of your questions about risks, how to reach your goals, finding a reputable financial advisor, and much more.
Get Help with Asset Allocation
Estimating Capital Gains
If you sell an investment and the selling price exceeds the purchase price, that investment produces a profit for you. This is known as capital gain. Quicken provides a feature to help you determine what your capital gain potential is, using your existing investments. This feature is called the Capital Gains Estimator. Estimating your capital gains helps you determine whether it would be advantageous to sell an investment and what tax liability you could encounter. You can access the Capital Gains Estimator from the Investment and Tax menus, from the Analysis tab in the Investing Center, or from the Portfolio Analyzer. For the purposes of this task, you will be accessing it from the Analysis tab.
Set Up a Scenario
Estimate Capital Gains