The Game Plan
When the markets are going up everyone feels good and when it goes down a lot of people panic. Why is this? Very often a client’s tolerance for risk doesn’t match their investments. If you’re having a hard time sleeping because you’re stressed about the market, that’s a good sign you need to take on less risk.
On today’s episode, we’ll break down how risk plays into your retirement plan and what we need to do if it’s out of balance with your needs.
The X’s & O’s
Check out the timestamps below to skip around to specific topics on the show.
[0:50] – Do you take risk?
[2:32] – Does your tolerance match your portfolio?
[4:00] – What should you do?
[5:03] – Ask your self how you’re going to feel
[6:07] – Why do you think we are set up this way?
[7:12] – You might not be de-risking as much as you think
[8:32] – What options do we have?
[10:40] – What’s the first step?