Spring is here — which means it’s once again time to wash the windows, organize your cabinets, and steam your carpets. This year, besides tidying up around your house, why not also consider some financial spring cleaning? 

For starters, you could “de-clutter” your investment portfolio. How? Look for duplicate, or near-duplicate investments. If you’ve got several, you might be better off selling some to broaden your investment mix. 

Here’s another spring-cleaning tip: Dust off your investment strategy. If you’ve experienced changes in your life, such as a marriage, a new job or the arrival of new children, you might need to adjust your goals and the methods of reaching them.

Also, just as you may get rid of broken tools or other dangerous items when you clean your house or garage, you need to watch out for threats to your financial security, such as a major home or auto repair. You can protect yourself by building an emergency fund containing several months’ worth of living expenses.  

Of course, some of these moves can take some time — but by getting started on them soon, you can help put your financial house in better shape for the next spring cleaning. 

This content was provided by Edward Jones for use by Matthew Kenady, your Edward Jones financial advisor at 309-274-3929.

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