ABSTRACT
This chapter provides valuable advice for the performing artist such as an actor, dancer, lighting guru, costumer, or stagehand, on investing, saving, and building a diversified and stable financial portfolio. It also provides unique strategies for integrating financial awareness and planning into the life as an artist, and how that can help to provide a better sense of financial security. The chapter explores the types of investments and focuses on how strong the possibility is of losing money in the investment. It discusses three broadest general categories of investments namely cash, bonds, and stock. Bonds will fill the space in the portfolio where performers are striving for better returns than for their cash investments, which will come with some additional risk. They can also be useful in providing an income strategy, both for retirement and for supplemental current income. Stock will be the riskier area of the core portfolio but will also offer the most potential for returns.
