Assessing Your Risk Tolerance
Each individual investor has a different risk
tolerance based on their own set of circumstances.
Some factors that could effect these tolerances
are:
- length of time to obtain an investment goal,
- current amount of assets and
- past experiences
Thus it is important that today's investor approach
the investment process with some knowledge of
their own risk tolerance. In addition, with
the influx of financial information available
in today's media, it is important that investors
remember their goals and risk tolerance in digesting
this information. It's not uncommon for recent
success stories to make investors feel like
they are missing something or that their investment
program is inadequate. However, behind the success
stories, rarely is the story told of the level
of risk that was taken, or the many unsuccessful
stories.
It is important to note that each investor's situation is different. For a more accurate assessment, contact Trust Point Inc. for a personal appointment today! Call 800-658-9474.
The articles
and opinions in this publication are for general
information only and are not intended to provide
specific advice or recommendations for any individual.
