Single investor uses Track My Portfolios to build wealth.

Dean, a single investor saving for retirement and a newer, more luxurious home in the future, possibly at retirement. He has a 401k with his employer and a self-managed portfolio with a mutual fund company.

Dean started out with little knowledge about investing, but took his grandfather's advice when it came time to select funds within his 401k. His investments have remained the same since - multi-cap stock, bond and stable value funds. Good investments, smart advice. He rebalanced every year through his plan and his account grew nicely.

His personal savings took a different path. Using an advisor, he found trading stocks did not suit him because he felt he was enriching the broker instead of himself. He changed direction and altered his portfolio to align with his 401k, where he has had stable, consistent growth.

Dean positioned himself for success, doing all the right things, but felt “like the boy who had his lunch money taken from him by the class bully” whenever the market dropped substantially. A feeling of being helpless, which is not his nature. He wanted to be in control.

He did some research and found TMP aligns with his investment goals. The constant-mix strategy combined with the alerts met his needs. With alerts, he can act the same day by rebalancing prior to the markets closing. So instead of feeling helpless, he takes charge and capitalizes during severe market swings.

Dean is experimenting with a new strategy by setting up a test portfolio that tracks market sectors. He believes that by tracking the various segments, he can build additional wealth by rebalancing every time he gets an alert on any one of them. If he is satisfied with the test results, plans to move a small portion of his personal portfolio to a new one using this strategy. It’s another way to use TMP to help build wealth.

Taking control is what brought Dean to TMP. His investment philosophy of owning the market though funds is well-served by TMP’s tracking because it prompts for rebalancing at the right time, helping him manage much more efficiently.

Track My Portfolios helps Dean capitalize on market movements by rebalancing at a time of his choosing, giving him more control of his investment portfolios and helping him achieve long term success.