Develop ‘risk tolerance,’ invest early to achieve financial wellness

WAILEA, Hawaii —Achieving financial wellness requires a sound understanding of asset allocation and increased “risk tolerance” when investing, according to a presenter at Hawaiian Eye/Retina 2024.
The three key pillars of asset allocation for investors to understand are stocks, bonds and cash, Andrew Taylor, CFP, said.
“The financial media is going to make you believe investing is all about picking the hottest stocks, but the reality is over 90% of the variability in your return is going to be determined by how you allocate your assets amongst these three core asset classes,”

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