An honest risk-assessment
Think about how much risk you are willing to tolerate:
- If you are looking for quicker returns, you may prefer a more volatile portfolio of individual stocks, ETFs, or high-risk mutual funds.
- However, if you want to build your portfolio for retirement or savings, you might desire a low-risk portfolio of CD’s, bonds, or low-risk mutual funds.
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"Many people are in the dark when it comes to money, and I'm going to turn on the lights. " ~ Suze Orman
The idea is part of this collection:
Learn more about moneyandinvestments with this collection
How to manage risk
How to analyze investment opportunities
The importance of long-term planning
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