Should I adjust my portfolio to make it less risky?
The stock market has been very good this year, but I just turned 50.
Answers | 5
The bast way to reduce risk in your portfolio is to know what you are doing.
Age has very little to do with risk. Time and ROI are the main ingredients you need.
Time means when do you need the money-Or from my perspective, how long can you give me to get you the money.
ROI means return on investment. What is your MARR- Minimum Acceptable Rate of Return. We focus on intrinsic value and how much time you need for your investments to reach this intrinsic value.
Where are you financially?
Where you need to be financially?
Every person has a different answer for this. My job is to eliminate the risk and get you to financial independence using the most efficient and cost-effective route.
Fee free to contact me directly to discuss in greater detail.
It's not what you make, It's what you keep that determines your lifestyle.