Discovering Your Investment Risk Tolerance: Part I (Ep. 17)
Risk tolerance isn’t merely about your present investments; it shapes your response to market volatility and ensures your portfolio aligns with your specific desires and necessities.
In this episode, Ken New explores the importance of understanding risk tolerance and its impact on investment strategies and portfolio management. He shares how he helps clients identify their risk tolerance and how that understanding impacts investment decisions and portfolio planning.
Ken discusses:
- How to gauge risk tolerance based on past market volatility
- Different investment strategies based on the three types of risk tolerance; conservative, moderate, and aggressive
- The importance of regular portfolio reviews to ensure the current portfolio matches the current risk tolerance and goals
- How diversification can decrease the risks involved in investments
- And more
Resources:
Connect with Ken New:
- (321) 454-3623
- LinkedIn: Ken New
- Pinnacle Financial Wealth Management
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