Broker Check
#WhatsYourDestination Q&A

#WhatsYourDestination Q&A

August 22, 2017

QUESTION: I'm still at the beginning of my career so my risk tolerance is pretty high. I would be interested in some products that have good return/risk ratio for a moderate-aggressive target.

ANSWER: Investing is not as easy as walking into a store and picking out a pair of shoes. We need to look at the goals we have for each of our investments. If they vary, so should your target allocations. For a younger individual, you’ll want a more aggressive allocation for retirement and a more conservative allocation for a new house fund that you may plan to use sooner.

Asset allocation refers to the mix of investments you hold. The goal of asset allocation is to get a return on your money while managing risk. A solid asset allocation strategy ensures your investment portfolio is diversified and aggressive enough to help meet your savings goals while lessening your degree of systematic risk.* Only you can decide which asset allocation you’re comfortable with.

A financial planner can help you develop a well-diversified portfolio with an asset allocation appropriate for your particular situation.

*Diversification/Asset Allocation does not ensure a profit or guarantee against loss.