Risk tolerance, risk capacity and risk perception are the fundamental elements of your risk profile. The best way to construct your portfolio and ensure you can hang on for the whole ride is when you evaluate and discuss these risk elements individually and not as a composite assessment.
We are now in the, “We know it is coming; we just don’t know when” phase.
His signature song, “The Gambler,” contains sage advice for investors.
I think boarding a train is an apt metaphor for retirement. We leave the comfort and confines of the known and step willingly unto an unknown future with many possible destinations.
Closed-end funds are often actively managed, tend to have a narrow investment focus, use illiquid or thinly traded investments, and are structured to provide income.
Funding a college education is an investment and, as with any investment, there should be a positive return.
Even though Congress eliminated some Social Security planning strategies, maximizing lifetime Social Security benefits still can be tricky.
Many investors just pick a fund, or use the 401(k) default, and hope for the best. Understanding the terminology and approach of target-date funds will help minimize investment surprises.
Today, investors are increasingly interested in aligning their investment strategy with their values. While this is not a new style, it is growing in popularity.
