Tech Legend: "Buy These AI Stocks Before May 21st"

If you're worried about all the recent volatility in the market... Or if you have any money in AI stocks... This AI event scheduled for May 21 could send shockwaves through the industry...And send these five stocks flying much higher.

How to set and invest your emergency fund

Christine Benz of Morningstar
March 18, 2025

Even if you're not an investment collector, it's a good bet that the number of holdings and accounts in your portfolio have grown right along with your age and net worth.

Investors can end up with what I think of as " portfolio sprawl "--too many accounts and too many holdings within them. Diversification is desirable, but when taken to an extreme, it can become difficult to keep tabs on what you have.

The good news is that with a little bit of effort, it's possible to arrive at a minimalist portfolio with fewer moving parts--both accounts and holdings.

Step 1: Inventory and document what you have.

I'd recommend that you broaden the inventory process to encompass all of your financial relationships. As you do so, document all of your account information--account numbers, passwords, financial professionals you deal with, and so on.

This will help you identify streamlining opportunities and, if you keep it updated, can be a guide for your loved ones to know what you own if they ever need to help manage your accounts.

Step 2: Consolidate like accounts.

Next, identify opportunities to merge accounts of the same type.

You might have assets in tax-deferred vehicles like IRAs and 401(k)s, Roth accounts, and taxable/nonretirement accounts. While it's usually not advisable to combine assets held in different tax silos, duplicate accounts of the same type provide opportunities for streamlining. By following the rules for combining like account types and letting the firms deal with one another to execute the transfer of funds, you should be able to streamline without causing a taxable event.

Tax-deferred accounts can be particularly ripe for consolidation. Consider merging multiple 401(k)s and IRAs into a single IRA.

And if you have multiple HSAs, identify the best one of the bunch and transfer funds from the also-rans to a single mega-HSA. Finally, many households have multiple small brokerage and bank accounts that can be combined.

Step 3: Revisit your target asset allocation.

Once you've finished the account-consolidation process, it's a good time to reconsider your portfolio's asset allocation, particularly if you haven't done so for a while.

If you don't have asset allocation targets and expect to use the assets for retirement, good target-date funds can help you get in the right ballpark.

Step 4: Populate the accounts with simple building blocks.

Armed with targets for your portfolio's asset allocation, you can then switch into an ultrasimple, minimalist portfolio mix. The goal of a minimalist portfolio is to use the fewest number of holdings to achieve diversification. Broad-market index funds and exchange-traded funds lend themselves particularly well to this effort. If you have small accounts, all-in-one funds like target-date funds can be a terrific solution, especially if you're not yet retired.

Making changes to tax-sheltered portfolios won't result in any taxes as long as the funds stay inside the account shell. However, you'll want to take care when making changes to your taxable accounts because selling appreciated assets can result in a tax bill.

Step 5: Establish a plan for keeping it up to date.

Unless you're sticking with target-date funds or some other self-managed option, you'll still need to keep tabs on your portfolio's asset allocation as the years go by.

I like the idea of using an investment policy statement to document the parameters of your portfolio--your asset allocation, how often you'll monitor your portfolio, and what the catalysts will be for making changes. With a minimalist portfolio in place, a good annual checkup is all you really need.

___

This article was provided to The Associated Press by Morningstar. For more personal finance content, go to https://www.morningstar.com/personal-finance

Continue Reading...

Popular

Amazon ends little-used privacy feature that let Echo users opt out of sending recordings to company

Amazon is ending a little-used privacy feature that let some users of its Echo smart speaker prevent their voice commands from going to the company's cloud.

Jury reaches verdict in trial of pipeline company's lawsuit against Greenpeace, spokesperson says

MANDAN, N.D. (AP) — A North Dakota jury reached a verdict on Monday in the accusing the environmental advocacy group Greenpeace of defamation and disrupting the Dakota Access Pipeline project, according to a Greenpeace spokesperson.

Warning: China Launches AI Attack on America - Ad

China just launched what can only be described as an AI attack on America. And according to Louis Navellier, the legendary investor who picked Nvidia before shares exploded as high as 3,423%... President Trump is already planning a counter attack. And it's creating an incredible opportunity for you in this small group of AI stocks.

Oppenheimer Analysts Slash Estimates For Goldman Sachs, Jefferies Amid Subdued M&A Activity

Analysts expect rebound in M&A and financing activity, but uncertainties may pause it. Estimates slashed for GS and JEF, CG downgraded to Perform.

Stocks to Crash on March 16, 2026? Here's Compelling Reason Why - Ad

Perhaps no one on or off Wall Street has been more accurate calling the bull and bear turns of the past 7 years. From the bear markets of 2018 and 2022... to the roaring bull runs of 2021, 2023, and 2024. And now, Marc Chaikin is predicting the next crash will start March 14, 2026. If you have money in the markets, Chaikin's thesis is a must-see.

Bloomin' Brands Is A Long-Term Survivor, But Has Near-Term Challenges: Analyst

JP Morgan analyst lowers price forecast for Bloomin' Brands from $13 to $10, retains Neutral rating. Challenges ahead, but potential for success.

Warren Buffett on Debt and Donald Trump's Money Moves: Trump 'Never Went Right'

In a piece of advice that continues to hold relevance, investor Warren Buffett once warned students about the perils of excessive borrowing, citing Donald Trump as a case in point.

Bill Gates' Next Big AI Bet: Stargate Could Be a Game-Changer - Ad

Jeff Brown, the tech expert who predicted Bitcoin, Nvidia, and Tesla, reveals Bill Gates' new AI project, Stargate. Could this be the next big AI breakthrough?

Who is Mark Carney, the next prime minister of Canada?

TORONTO (AP) — Former central banker Mark Carney will become Canada’s next prime minister after a Liberal Party leadership vote in a landslide.

Forget Nvidia - This Odd Tariff Play Is Now Going Viral - Ad

As President Trump slaps China with new tariffs, the Fed is boxed in--and gold is skyrocketing just like it did during Trump's first term. JPMorgan just grabbed $4 Billion in gold bars... should you? Discover a "Tariff Assistance Loophole" to move funds from your IRA & 401(k) into gold--tax-free!

What's Going On With Gap Stock Friday?

Gap stock is trading higher on Friday after the company reported fourth-quarter earnings on Thursday after the market closed.

AI + Smart Glass = A Nasdaq Sleeper - Ad

This recent Nasdaq IPO is quietly making waves, thanks to its 95% market share in a $240M aerospace niche. With patented technology that integrates AI into smart glass, this company is poised for massive growth as the market races toward $124 billion by 2029.

Tesla Out, Ford In: City Of Baltimore Goes 'In A Different Direction' Reversing EV Deal From 2024

Tesla is losing an EV city fleet deal in Baltimore to Ford. A look at what happened and how politics may have factored into the decision.

Tesla's China Boom, Rivian's Sweet Ride, And Trump's Tariffs Threat: This Week In Mobility

The EV industry saw major developments over the weekend, with Tesla's Model Y surging in China, its Model S/X retreating from Japan, Rivian unveiling its Georgia timeline and an ice cream truck partnership, and Trump's tariffs threatening the profits of Detroit's Big Three automakers.

Elon's Biggest Secret Could Save Your Retirement - Ad

From a near-fatal car crash to surviving deadly malaria, Musk's fearless drive built Tesla, SpaceX, and Starlink. Now, he's warning America--and smart investors are listening. Discover the Trump IRS Loophole to protect your IRA & 401(k).

Elon Musk's SpaceX Successfully Catches Super Heavy Booster With 'Mechazilla,' But Starship Upper Stage Lost In Test Flight

SpaceX marked a significant advancement in rocket reusability on Mar. 7 when the launch tower successfully caught its Super Heavy booster during Starship's eighth test flight, though the mission ended with the loss of the Starship upper stage.

Sam Bankman-Fried Says Prison Inmate Diddy Has Been 'Kind' To Him: 'It's A Position No One Wants To Be In'

Jailed cryptocurrency fraudster Sam Bankman-Fried shared his prison experience and interaction with fellow inmate rapper Sean Combs, popularly known as "Diddy," according to an interview released Thursday.

Globetrotting CFA Discovers Top Four Gold Miners With 100X Upside Potential - Ad

Most CFAs sit at a desk... But one unusual CFA went all-in on gold investing 20 years ago... and accidentally positioned himself as the expert's expert for the current bull market. Garrett Goggin's research has led him to the the Top Four miners sitting on potential upside of 100X or more for the current gold mania. He's been offered as much as $100k by Hedge Funds.

Law firm sues over Trump executive order that seeks to suspend security clearances

WASHINGTON (AP) — A during the 2016 presidential campaign sued the federal government Tuesday over an executive order that seeks to strip its attorneys of security clearances.

Claim the "No.1 Coin of 2025" Before March 24th - Ad

After spotting 44 different coins that have returned over 100%...Chris Rowe is now exposing the details behind the "Superpower Coin"... that's partnered with 19 of the largest companies from some of the world's largest superpower nations... A little-known 3-cent coin that is poised to outperform Bitcoin in 2025... starting on March 24th.

Explainer: What's a recession and why is rising anxiety about it roiling markets?

WASHINGTON (AP) — Stock markets , consumers and businesses have started to , and economists are marking down their estimates for growth this year, with some even seeing rising odds of a recession.

Edmunds: 2025 Honda CR-V vs. 2025 Subaru Forester

The is a redesigned model, but Subaru didn’t exactly stray from the formula of the last generation. It’s still a boxy small SUV with great visibility, adventure-ready versatility, and a no-nonsense approach to interior design. Its many upgrades for 2025 help keep it competitive, but how does it fare against the class best?

The $240M AI Disruptor - Ad

This Nasdaq-listed company is redefining AI in the $124 billion smart glass market. From cockpit shading systems to energy-efficient building glass, their technology powers global leaders like Boeing, Mercedes-Benz, and National Geographic. Their projected $240M revenue from aerospace positions them as an AI-driven market disruptor you can't ignore.

Elon Musk Says Ukraine Behind 'Massive Cyberattack' On X: 'We're Not Sure Exactly What Happened...'

Elon Musk stated that the reported "massive cyberattack" that his social media account X faced on Monday is suspected to have originated from Ukraine.

COPT Defense Properties Faces Risks: Analyst Sees Uncertainty In Leasing Process Amid Budget Cut Risks

JP Morgan analyst lowers COPT Defense Properties' price target to $29, citing risks from budget cuts, Space Command HQ uncertainty, and slow data center growth.

Tech Legend Issues AI Warning for May 21st - Ad

And many people are now wondering...Is this the end of the AI boom? A critical AI event scheduled for May 21st, and could have the answers. It's guaranteed to happen...And I believe it's going to be a game-changer for the market.

US envoy visits Moscow for ceasefire talks that a Russian official says would help Ukraine

An envoy of U.S. President Donald Trump arrived in Moscow on Thursday for talks on an American-proposed that Ukraine has accepted but which a senior Russian official said would help Kyiv by giving its a break, three years after .

Just Released: Huge New A.I. Trade - Ad

While everyone's distracted by Nvidia, PLTR & Bitcoin, billionaires have been quietly loading up on this stock. And 99% of Americans have no clue. It could help make a fortune for fast-moving investors, who make their move before May 13th.

Trump signs executive order to establish government bitcoin reserve

President Donald Trump signed an executive order Thursday establishing a , a key marker in the cryptocurrency's journey towards possible mainstream acceptance.

Greenland in facts and figures

NUUK, Greenland (AP) — is having a moment in the spotlight as U.S. President Donald Trump maneuvers to gain control of the mineral-rich Arctic country. Here are some facts and figures about it:

Warning: What They Haven't Told You (Yet) About the 2025 Selloffs - Ad

In light of massive recent selloffs... Stansberry Research has issued a new warning for the public. Their latest research shows the real truth about the 2025 tariff selloffs is much bigger -- and much worse -- than the public realizes. They say unless you take the right steps now... You could soon see your wealth cut in half.

Cardano, XRP, Solana Drop As White House Clarifies Trump's Crypto Reserve Plan

Cardano (CRYPTO: ADA), XRP (CRYPTO: XRP) and Solana (CRYPTO: SOL) declined on Friday after a top White House aide suggested President

Why should America worry about Trump? Try the price of eggs, say some Democrats

NEW YORK (AP) — As their party struggles to navigate the early days of Donald Trump's second presidency, some Democrats are convinced that their road to recovery lies in the price of eggs.

Millionaire Trader: "My No. 1 Stock of the Decade" (Revealed Free) - Ad

The stock revealed right here just may be millionaire trader Jeff Clark's favorite stock ever. Because this one stock alone has been responsible for some of the biggest gains he's ever handed my readers... 195% in under a month... 85% in 14 days... 176% in 5 weeks... 120% in under 3 months... 55% in two days... 138% in 8 days... And even 222% in 8 days.

Why United Airlines (UAL) Stock Is Down 15% This Week

United Airlines shares are trading lower by 15% since Monday's open. The stock is down amid rising trade tensions, higher costs and global uncertainty.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright technicaltrading.org
Privacy Policy | Terms of Service