Good, not necessarily perfect, financial plans and behaviors still can get the job done

published 26.07.2020 15:00

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If you want higher scores, you can pursue various other moves such as keeping long-held credit accounts open if you continue to use them (the length of credit history accounts for about 15% of scoring in the FICO system, for example).

But it's also true that mortgage rates for people with good credit scores already have ebbed to historically low levels a tad below 3%.

One way to deal with uncertainty is to diversify by selecting many stocks (easy to do with mutual funds or exchange-traded funds) and including bonds and other types of investments in the mix.

(Photo: Getty Images) One factor that likely derails a lot of investors is waiting to find the perfect stock, mutual fund or other vehicle — and waiting for the perfect time to buy or sell.

Build an estate plan as you go Planning for your eventual demise or possible incapacity isn't easy, especially when you don't know the answers to questions such as how long you will live or how much help your children, spouse or other beneficiaries might need.

by Russ Wiles from azcentral.com

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