An Introduction

Hi. Welcome to BourGroup and my blog. Phil

Phil Bour is a CERTIFIED FINANCIAL PLANNER(tm) professional since 2004, a Magna Cum Laude college graduate and an accounting professional for over 35+ years. I love numbers, statistics and economic history.

I am also an Enrolled Agent (EA) to represent taxpayers before the Internal Revenue Service and to prepare tax returns.

"Phil"osophy: I believe that you can manage your money on your own (not necessarily through individual stock selection but through mutual funds, ETF's and other solutions) once you receive some one-time, professional guidance. Why pay annual fees when there may be little added value? For additional information, first read the "An Introduction" label at the left. Then move on to others.

Friday, February 14, 2014

Commodities and Natural Resources

Financial-Planning.com June 2011 article by Donald Jay Korn quotes Rick Ferri, founder of Portfolio Solutions, stating that "...for exposure to commodities and natural resources...many investors need look no further than their own equity portfolios...".

This reminds me that there is also a lot of exposure to international economies in those same equity portfolios. For example, many U.S. companies of all sizes, are multi-national and derive significant income from beyond the borders of the U.S.

Look at that exposure to international, commodities and natural resources when evaluating your portfolio fund selections.