I’m too old and don’t have time to wait for a recovery?
Lately I’ve received a lot of questions from clients and non clients such as:
I don’t have time for the markets to recover?
Am I too old to take risk?
I’m not a long term investor anymore because I retired…
Even with the safest portfolio we still need the ability to keep up with inflation. Someone retiring at 65 still needs to have a plan to double their income throughout retirement as things double every 30 years based on inflation of 3%
What I’m hoping this video does is in a simple way is help you understand how we structure a portfolio based on your age, stage in life and tolerance for risk so that you withstand the market ups and downs and meet all of your goals. Your portfolio is made up of very stable non volatile assets (bonds) and assets that provide a higher return potential but offer more short term volatility (stocks). No matter your age a well structured portfolio will have both stocks and bonds and sometimes for different reasons.
Its very easy to look at your statement and see whether you made money or lost money. Is your account is “up big” or “down big”. Regardless of whether it’s up or down there are different components in the portfolio all contributing in their own way.
We design your portfolio thinking about your risk tolerances as well as your cash and income needs. We know that markets will go down and that it will feel awful. We also, know markets will go up and it will feel great. The trick is building a portfolio that you can maintain over time so that you get the returns that your portfolio will generate.
We know what your expected return will be when we design your portfolio. Your actual return will be delivered based off how well you stick to your portfolio through good times and bad.
