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How to Set Up Bucket One- Season 7: Episode 5

When people ask us about our Buckets strategy, they often find themselves a bit confused on their most liquid bucket – Bucket #1. The idea is to provide an income derived from sources with little to no volatility, shielded from the stock market’s ups and downs.

But what should go into that bucket? Do you really need to have 5, 6, or 7 years of, say, cash? Not necessarily – in fact, it may be a good idea to “bucketize” your Bucket 1 to try to “squeeze just a little extra juice from the orange.”

Charming metaphors aside, it is an important topic, which is why we’re talking about how to structure your Bucket 1 with podcast host Johnny Dean and “Professor” Rick Plum, CFP®  on this week’s episode of Managing Your Financial Future! 

Important Information:

The information provided should not be considered specific tax, legal, or investment advice and is not specific to any individual’s personal circumstances. Each taxpayer should seek independent advice from a tax professional based on his or her individual circumstances.

Different types of investments and/or investment strategies involve varying levels of risk, and there can be no assurance that any specific investment or investment strategy (including the investments purchased and/or investment strategies devised by Lucia Capital Group (“LCG”)) will be either suitable or profitable for a client's or prospective client's portfolio, thus, investments may result in a loss of principal. Accordingly, no client or prospective client should assume that the presentation (or any component thereof) serves as the receipt of, or a substitute for, personalized advice from LCG or from any other investment professional.

You should always seek counsel of the appropriate advisor prior to making any investment decision. All investments are subject to risk including the loss of principal. This material was gathered from sources believed to be reliable, however, its accuracy cannot be guaranteed.

Rick Plum is a registered representative with, and securities and advisory services offered through LPL Financial, a registered investment advisor and member FINRA/SIPC. The investment professionals are affiliated with LPL Financial and are conducting business using the name Lucia Capital Group, a separate entity from LPL Financial.

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