Course 201: How to Juggle Different Investment Goals
Recognize Your Options for Each Goal
In this course
1 Introduction
2 Map Out What Each Goal Will Cost
3 Recognize Your Options for Each Goal
4 Craft a Portfolio for Each Goal
5 When Is Enough Enough?

Before building your portfolio, consider the special vehicles you can use for each goal. They can make reaching that goal a whole lot easier.

For example, let the IRS and your employer lend a hand with your retirement. Both 401(k) plans and some individual retirement accounts (IRAs) allow you to save for your retirement with pretax dollars. And employers often match some or all of an employee's contribution to his or her 401(k) plan. Portfolio 202 and 203 cover the ins and outs of employer-sponsored retirement plans while Portfolio 204 delves into IRAs.

College planning has its own set of investment vehicles. Coverdell education savings accounts, 529 plans, prepaid tuition plans, and trusts can all play a part. Learn more about these options in Portfolio 210: How to Invest for College.

Next: Craft a Portfolio for Each Goal >>

Print Lesson |Feedback | Digg! digg it
Learn how to invest like a pro with Morningstar’s Investment Workbooks (John Wiley & Sons, 2004, 2005), available at online bookstores.
Copyright 2015 Morningstar, Inc. All rights reserved. Please read our Privacy Policy.
If you have questions or comments please contact Morningstar.