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How a small handful of exchange-traded funds can build a sensible portfolio

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US stocks fall as Middle East tensions drive oil prices higher

Most people who delay investing aren’t doing so because they think putting their money into the markets is a bad idea. They’re stuck in front of a confusing smorgasbord of options, afraid to pile the wrong things on their plate and at least a little afraid of looking like they don’t know what they’re doing (especially if it’s true). Thus, analysis paralysis is often the default.

Have no fear. There’s a quick and simple way to build a sensible portfolio by using a small handful of exchange-traded funds (ETFs). So, without further ado, let’s get some clarity over what’s going to go into this portfolio and how much of an allocation each ETF should get.

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Here’s the easy ETF portfolio you’ve been looking for

For a portfolio to count as being both good and easy, it needs to be anchored with a hearty helping of market-tracking index funds. That way, you’ll get exposure to growth and quite a lot of diversification, which will help to insulate you from all sorts of risks.

Wall Street traders.

Traders work on the floor at the New York Stock Exchange in New York City March 3, 2026. (Brendan McDermid/Reuters)

COULD S&P 500 ETFS ALONE FUND YOUR ENTIRE RETIREMENT?

Therefore, 65% of the portfolio could be allocated to the Vanguard S&P 500 ETF, and 20% could be allocated to the iShares Core MSCI Total International Stock ETF.

Ticker Security Last Change Change %
VOO VANGUARD S&P 500 ETF – USD DIS 647.30 -4.24 -0.65%
IXUS ISHARES TRUST CORE MSCI TOTAL INTL STK 91.98 -1.89 -2.01%

The Vanguard ETF has an expense ratio of just 0.03% annually and tracks the performance of the biggest public companies listed in the U.S., whereas the iShares ETF has an annual expense ratio of 0.07% and tracks the performance of the biggest international companies, explicitly not including those in the U.S. 

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The point of having both of these in the portfolio is that you’ll be diversified across business sectors and across geographies, which reduces the chance that problems in the U.S. or any other specific country will drag down your portfolio’s performance as a whole.

Those two ETFs focus on stocks. A well-rounded and sufficiently diversified portfolio also needs some exposure to bonds to ensure that it has a fairly safe source of yield when times get tough, and to cryptocurrency, as it isn’t represented well in any of the other ETFs.

GOLDMAN SACHS COMPLETES INNOVATOR CAPITAL ACQUISITION, LIFTING ETF ASSETS TO $90B

Thus, you could also allocate 10% of the portfolio to the Vanguard Total Bond Market ETF and 5% to the iShares Bitcoin Trust ETF.

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In a nutshell, BND is crash insurance. It holds more than 17,000 U.S. investment-grade bonds for an annual expense ratio of just 0.03%. Its trailing-12-month yield is only 3.9%, but it isn’t intended to be a major growth driver for your portfolio anyway.

Ticker Security Last Change Change %
BND VANGUARD TOTAL BOND MARKET ETF – USD 73.78 -0.23 -0.31%
IBIT ISHARES BITCOIN TRUST – USD ACC 42.51 -0.74 -1.71%

The Bitcoin Trust position provides exposure to spot bitcoin as the name implies. The point of owning it is that it’ll help you to benefit from the cryptocurrency’s status as a scarce store of value, and it might help to guard your portfolio against inflation too. It’ll cost you a bit more than the other ETFs, with an expense ratio of 0.25%, but the potential growth that it offers is worth the price.

There isn’t much maintenance required

This portfolio can hum along for years without any intervention from you. But there is one thing you can do to slightly boost its performance.

VANGUARD FUND STRIPS OUT CHINA IN EMERGING MARKETS INVESTMENT PLAY

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Once a year, open your brokerage or retirement account and compare each fund’s current weighting to its allocation target described above.

People outside the New York Stock Exchange.

Pedestrians walk past an American flag displayed outside the New York Stock Exchange in New York Sept. 12, 2016. (Michael Nagle/Bloomberg via Getty Images / Getty Images)

If any position has drifted by more than five percentage points from its target allocation, it’s wise to sell a little of the winner and buy a little of the laggard. You’re selling high and buying low, and that’s the entire (mostly voluntary) maintenance obligation. Inside a tax-advantaged account like a Roth IRA or a 401(k), rebalancing triggers no tax consequences, and many brokerages can even automate the process for target-weight portfolios if that’s something that interests you.

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Start with whatever amount of capital you have on hand, add to your holdings in the proper proportions when you can, rebalance the portfolio once a year and let time in the market do the rest of the work. The longer you’re willing to let this money grow, the better off you’re likely to be.

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Alex Carchidi has positions in Bitcoin and iShares Bitcoin Trust. The Motley Fool has positions in and recommends Bitcoin, Vanguard S&P 500 ETF, Vanguard Total Bond Market ETF, and iShares Bitcoin Trust. The Motley Fool has a disclosure policy.

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Business

What Profitable Entrepreneurs Really Do (Secrets Revealed)

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businessman hidden habbits

There’s a quiet truth in the business world—something that isn’t often shared in motivational posts or flashy success stories.

Not all successful entrepreneurs follow the advice you commonly hear.

Behind the scenes, profitable business owners operate differently. They make decisions that may seem boring, uncomfortable, or even counterintuitive. These are the habits that don’t usually go viral—but they are the ones that actually make money.

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If you’ve ever wondered why some businesses consistently grow while others struggle, this article will uncover what’s really happening behind the curtain.

businessman hidden habbits

1. They Focus on Profit, Not Just Sales

Many beginners are obsessed with sales numbers. They celebrate hitting revenue milestones without realizing one critical detail:

Revenue does not equal profit.

Profitable entrepreneurs are extremely aware of their margins. They know exactly how much they keep after expenses, and they design their business around profitability—not vanity metrics.

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While others chase “more customers,” smart entrepreneurs ask:

  • Is this customer actually profitable?
  • Are my costs increasing faster than my income?
  • Can I simplify operations to earn more with less effort?

This mindset alone separates struggling businesses from thriving ones.

2. They Say “No” More Often Than “Yes”

One of the most underrated skills in business is the ability to say no.

Opportunities will always come—partnerships, projects, trends, and ideas. But profitable entrepreneurs don’t chase everything.

They protect their time, energy, and focus.

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Instead of asking, “Can I do this?” they ask:

“Should I do this?”

They understand that every “yes” to the wrong thing is a “no” to something more important.

This discipline keeps them focused on what actually grows their business.

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3. They Build Systems, Not Just Hustle

Hard work is important—but it’s not enough.

Many people stay stuck because they rely purely on effort. They work long hours, multitask constantly, and burn out quickly.

Profitable entrepreneurs take a different approach.

They build systems.

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Instead of doing everything manually, they create repeatable processes:

  • Automated marketing funnels
  • Standard operating procedures (SOPs)
  • Delegated tasks to team members

This allows their business to grow even when they are not actively working.

In short: they stop trading time for money and start building machines that generate income.

4. They Make Decisions Based on Data, Not Emotions

Emotions can be dangerous in business.

Fear, excitement, impatience—these can all lead to poor decisions.

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Profitable entrepreneurs rely on something more reliable:

Data.

They track everything that matters:

  • Customer acquisition cost
  • Conversion rates
  • Customer lifetime value
  • Profit margins

Instead of guessing, they analyze.

Instead of reacting, they adjust strategically.

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This gives them a huge advantage over competitors who rely on “gut feel” alone.

5. They Invest in What Most People Avoid

Here’s something rarely talked about:

Profitable entrepreneurs spend money wisely—even when it’s uncomfortable.

They invest in things that don’t give instant results, such as:

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  • Education and skill development
  • Hiring the right people
  • Better tools and systems

Many beginners try to save money by doing everything themselves.

But experienced entrepreneurs understand this truth:

Being cheap can be expensive.

They invest to grow faster, avoid costly mistakes, and scale efficiently.

6. They Stay Consistent—Even When It’s Boring

Success in business is not always exciting.

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In fact, most of it is repetitive.

Posting content regularly, improving products, following up with customers, optimizing processes—these are not glamorous tasks.

But they are essential.

Profitable entrepreneurs win because they stay consistent.

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They show up even when they don’t feel like it.

They continue even when results are slow.

They trust the process.

This long-term discipline is what creates sustainable success.

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7. They Learn to Manage Risk—Not Avoid It

Many people avoid starting or growing a business because they fear risk.

But here’s the truth:

Business always involves risk.

The difference is how you handle it.

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Profitable entrepreneurs don’t eliminate risk—they manage it.

They:

  • Test ideas before fully committing
  • Start small and scale gradually
  • Prepare backup plans

This approach allows them to move forward confidently without being reckless.

8. They Focus on Long-Term Growth, Not Quick Wins

In today’s fast-paced world, many people want instant results.

Quick profits, viral success, overnight growth.

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But profitable entrepreneurs play a different game.

They think long-term.

They focus on:

  • Building strong customer relationships
  • Creating valuable products or services
  • Establishing a trusted brand

They understand that real success takes time—but it lasts longer.

9. They Take Responsibility for Everything

One of the biggest mindset shifts in business is ownership.

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Unsuccessful entrepreneurs often blame:

  • The market
  • The competition
  • The economy

Profitable entrepreneurs take full responsibility.

If something doesn’t work, they ask:

“What can I improve?”

This mindset gives them control over their results—and the power to change them.

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10. They Keep Learning and Adapting

The business world is constantly changing.

Trends evolve. Technology advances. Customer behavior shifts.

Profitable entrepreneurs stay ahead because they never stop learning.

They:

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  • Study their industry
  • Observe competitors
  • Experiment with new strategies

They adapt quickly instead of resisting change.

This flexibility keeps them relevant—and profitable.

The truth is, success in business is not just about having a good idea.

It’s about how you think, decide, and act consistently over time.

The habits shared in this article may not always be exciting or easy—but they are effective.

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And that’s what truly matters.

If you want to grow your business, start by applying even one or two of these principles today.

Because at the end of the day, the difference between struggling and successful entrepreneurs often comes down to what they do when no one is watching.

BN Philippines
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Macy’s Stock: Valuation Has Limited Upside With Technical And Macroeconomic Risks (NYSE:M)

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Macy's Stock: Valuation Has Limited Upside With Technical And Macroeconomic Risks (NYSE:M)

This article was written by

I have been working in the logistics sector for almost two decades. I have been into stock investing and macroeconomic analysis for almost a decade. Currently, I focus on ASEAN and NYSE/NASDAQ Stocks, particularly in banks, telco, logistics, and hotels. Since 2014, I have been trading on the PH stock market. I focus on banking, telco, and retail sectors. A colleague encouraged me to engage in the stock market as part of my portfolio diversification instead of putting all my savings in banks and properties. That was also the year when insurance companies became very popular in the PH. Initially, I invested in popular blue-chip companies. Now, I have investments across different industries and market cap sizes. There are stocks I hold for my retirement, while others are purely for trading profits. In 2020, I also entered the US Market. It was about a year after I discovered Seeking Alpha. Originally, I was using the trading account of NY CA-based cousin. Somehow, I acted like his personal broker. That made me more aware of the US market before deciding to open my own account. I decided to write for Seeking Alpha to share and gain more knowledge since I have been trading on the US market for only four years. Like in the ASEAN market, I have holdings in US banks, hotels, shipping, and logistics companies. I discovered it in 2018. Since then, I have been using the analyses here to compare them to the ones I’m doing in the PH Market.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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(PHOTO) Rihanna Poses With 7-Month-Old Daughter Rocki on W Magazine Cover in Tender Mom Moment

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Coachella 2026

NEW YORK — Rihanna and her 7-month-old daughter Rocki Irish Mayers made a striking mother-daughter debut on the cover of W Magazine’s Pop Issue, released Tuesday, blending high fashion with intimate family warmth in images captured by renowned photographer Tim Walker.

Ballin' bigger than LeBron: Forbes estimates Rihanna is now worth $1.7 billion, thanks chiefly to the value of her cosmetics company Fenty Beauty
Rihanna

The Barbadian superstar, dressed in an elaborate Dior Haute Couture coat and hat paired with Cartier jewelry and Falke tights, cradles her youngest child in a tender pose that highlights both maternal softness and signature Rihanna edge. Rocki, born September 13, 2025, to Rihanna and partner A$AP Rocky, appears calm and content in her mother’s arms, marking the infant’s first major public appearance since a brief Paris outing earlier this month where she wore vintage Dior.

W Magazine described the cover as part of its 51st Pop Issue, featuring friends, collaborators and loved ones sharing stories about Rihanna as artist, mogul and mother. Styled by Jahleel Weaver, the shoot captures the Fenty Beauty and Savage X Fenty founder in a new chapter of life with three children: sons RZA, born in 2022, and Riot Rose, born in 2023, and now daughter Rocki Irish.

The images, released Tuesday morning, quickly went viral on social media, with fans praising the rare glimpse into Rihanna’s private world of motherhood. Many noted the emotional contrast between her powerful public persona and the gentle, protective way she holds her baby. One Instagram post from the magazine garnered hundreds of thousands of likes within hours, with comments highlighting the “soft mom era” while Rihanna continues to serve high fashion.

This cover represents a significant moment for the 38-year-old singer-turned-businesswoman, who has kept her family life relatively private since welcoming her children. Rocki’s name — a playful nod to her father’s stage name A$AP Rocky (Rakim Mayers) combined with the Irish middle name — has sparked affectionate online discussions about family naming traditions. The couple announced her birth in September 2025 with a simple social media post showing Rihanna cradling the newborn.

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Rihanna’s journey into motherhood has been transformative. She has spoken in past interviews about balancing her empire — Fenty Beauty, Fenty Skin, Savage X Fenty lingerie and her music career — with raising young children. The W Magazine feature includes contributions from A$AP Rocky, SZA, Mariah Carey and Mary J. Blige, painting a fuller picture of Rihanna’s influence across music, fashion and culture.

Photographer Tim Walker, known for his whimsical and cinematic style, brought a dreamy quality to the shoot, with soft lighting and elegant compositions that emphasize the bond between mother and daughter. The cover story explores themes of legacy, creativity and the joys and challenges of parenting in the spotlight.

Earlier this month, on April 8, Rocki made her unofficial public debut during a family outing in Paris, dressed head-to-toe in vintage Dior, including a green-and-black knit hat originally designed by John Galliano in 2002. That appearance, captured by paparazzi, showed the then-6-month-old nestled against Rihanna, already earning praise for her tiny yet stylish ensemble. The W Magazine cover builds on that moment, presenting a more polished and intentional family portrait.

Rihanna’s fashion choices for the shoot reflect her enduring influence in the industry. The Dior pieces underscore ongoing collaborations and her status as a global style icon. Fans immediately began dissecting the looks, speculating about upcoming Fenty collections and how motherhood has influenced her aesthetic.

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The release comes at a busy time for the family. A$AP Rocky has been promoting his upcoming album “Don’t Be Dumb,” while Rihanna has teased new music and expanded her business ventures. Despite her packed schedule, she has emphasized making time for family, often sharing glimpses of life with her children on social media.

Industry observers view the W Magazine cover as a strategic yet heartfelt move. It humanizes the superstar while reinforcing her cultural dominance. In an era where celebrities carefully curate family moments, Rihanna’s approach mixes privacy with selective, high-impact reveals that generate massive engagement.

Social media reactions poured in rapidly after the cover dropped. Hashtags like #RihannaAndRocki and #WMagazinePopIssue trended, with users sharing side-by-side photos of Rihanna’s past covers and this new maternal one. Many celebrated the representation of Black motherhood in high fashion, noting the rarity of such intimate celebrity family imagery on major magazine covers.

For new parents worldwide, the images resonated on a personal level. Comments highlighted the universal experience of balancing career ambitions with the demands of raising infants, with Rihanna serving as both aspirational figure and relatable mom.

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W Magazine’s Pop Issue traditionally celebrates pop culture’s most influential figures through personal stories and striking visuals. This edition positions Rihanna not only as a trailblazer in music and beauty but also as a modern mother reshaping narratives around family and success.

The cover shoot reportedly took place in a controlled, intimate setting, allowing Rihanna to direct elements and ensure comfort for her young daughter. Sources close to the production described a warm, collaborative atmosphere where Rocki remained calm throughout, a testament to the family’s close bond.

Rihanna has three children with A$AP Rocky, and the couple has maintained a relatively low-key relationship despite their high profiles. Rocky has spoken publicly about fatherhood and his deep admiration for Rihanna as a partner and mother. The W feature includes his reflections, adding emotional depth to the visual story.

As the images spread across platforms, brands and fashion houses took note. Dior’s involvement in both the Paris outing and the magazine shoot reinforced the luxury house’s long-standing ties to Rihanna. Fans speculated about future collaborations or Fenty expansions inspired by family life.

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The timing of the cover release aligns with spring fashion cycles and renewed interest in celebrity parenting stories. It also coincides with ongoing conversations about work-life balance for high-achieving women in entertainment and business.

Rihanna’s ability to command attention years after her last full album underscores her enduring star power. While she has focused more on business and family in recent years, hints of new music continue to excite fans. The W Magazine appearance may signal a gradual return to the spotlight on her own terms.

For Rocki Irish Mayers, the cover marks an early introduction to the world her parents inhabit — one of creativity, style and global influence. At just 7 months old, she already embodies the effortless cool that defines her family.

As reactions continued to pour in Tuesday, the mother-daughter moment stood out as both glamorous and grounded. In a media landscape often filled with polished perfection, the tender cover offered a refreshing glimpse of real connection amid high fashion.

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W Magazine’s decision to feature Rihanna and Rocki together celebrates not only a pop icon but also the next generation in a dynasty of style and talent. The images are expected to appear in print and digital editions, with additional behind-the-scenes content likely to follow.

Rihanna’s cover with her daughter reinforces her role as a multifaceted figure — artist, entrepreneur, partner and now a mother of three navigating fame with grace and authenticity. The W Pop Issue provides a beautiful snapshot of that journey at a pivotal moment.

Fans and fashion enthusiasts alike are celebrating the release as one of the most memorable celebrity covers of 2026, blending couture elegance with the pure joy of new motherhood.

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Interactive Brokers Group, Inc. (IBKR) Q1 2026 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Operator

Thank you for standing by. Welcome to the Interactive Brokers Group First Quarter 2026 Earnings Call. [Operator Instructions] Please be advised that today’s conference is being recorded.

Now it’s my pleasure to hand the conference over to the Director of Investor Relations, Nancy Stuebe. Please proceed.

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Nancy Stuebe
Director of Investor Relations

Thank you. Good afternoon, and thank you for joining us for our first quarter 2026 earnings call. Joining us today are Thomas Peterffy, our Founder and Chairman; Milan Galik, our President and CEO; and Paul Brody, our CFO. I will be presenting Milan’s comments on the business, and all three will be available at our Q&A.

As a reminder, today’s call may include forward-looking statements, which represent the company’s belief regarding future events, which by their nature, are not certain and are outside of the company’s control. Our actual results and financial condition may differ, possibly materially, from what is indicated in these forward-looking statements. We ask that you refer to the disclaimers in our press release. You should also review a description of risk factors contained in our financial reports filed with the SEC.

In the first quarter, markets began with a strong January, supported by solid equity performance, optimism around corporate earnings, expanding market breadth and resilience despite geopolitical risks. However, that momentum did not persist. Most global market indices declined in

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Confidence level of industry improving: KV Kamath, ICICI Bank

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ET Logo
ET Now caught up with KV Kamath, Chairman, ICICI Bank, for his expectations from the Narendra Modi government as well as the Budget. Excerpts:

ET Now: Talking of expectations from Narendra Modi, do not you think too much hope and money in essence is riding behind one man? Despite his good intentions, there are structural problems in the economy and even the Prime Minister does not quite have a magic wand?

KV Kamath: If you look back to 10 years ago, the economy was getting into near double digit growth even with all the structural problems. Now you have a leader who has a known bias for fixing things and making sure that things work. It is the same set of structure, the same set of people who are driving this. You have the right leader who can drive the effort.

ET Now: The other day we had Mr. Birla meet the Finance Minister and as he walked out of the meeting, he said he expects the economy to revive in three to six months. He says he is going to start investing in India now. We have not heard too many corporate leaders say that. You have a pulse of the mood of corporate India. When do you think will the corporate leaders start investing?

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KV Kamath: The first sense comes from the market. It is the collective wisdom of the marketplace that there is action and we will move with speed. That improves the confidence level of industry. Now we need to see whether some of the ground conditions that are needed for people to get back to an investment mode are going to change. Today I read that with a large slate of reforms or projects which have been stuck are going to be addressed in the next few days. If that happens, you will see a sea change in the investment mindset, as it were.

ET Now: It could happen in three months itself. Is that what you think?