Lon Jefferies, a Certified Financial Planner™ (CFP), is a fee-only financial advisor and trusted fiduciary at Net Worth Advisory Group in Salt Lake City, Utah. He is dedicated to providing comprehensive financial planning and investment management on a fee-only basis.
Thursday, July 29, 2010
Quick Tip: Review Your Risk Tolerance
Now that the market has recovered much of 2008’s losses, now is a great time to reconsider your tolerance for risk. If you have a hard time sleeping due to recent market declines, perhaps your investment portfolio is too aggressive. Most financial professionals have great tools to identify an asset allocation of stocks, bonds, and cash that will maximize your chances of reaching investment goals while providing increased stability. This tip will spare you the stress of checking market updates every hour.
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