Moving through our list of things to do, I took a look back at our notes from the Personal Finances and Investments in the Foreign Affairs Agencies (or MQ 852) class offered through the OBC on April 9th of this year. Here are the top seven nuggets I found useful:
1. Current recommendation is to invest 25 to 45% of assets in international funds
2. On average a housing correction after a stock correction takes about 2 years to shake out
3. Current financial sector will recover in 1 to 2 years, for the next 12 months high-tech and health services are good buys
4. Should have 6 to 9 months rent available when renting a house
5. Cancel home owners insurance when renting
6. In your will use percentages not amounts, and list specific gifts
7. You can change the beneficiaries for 529s
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