Investing is an effective way to put your money to work so it can build over time and provide income in retirement. Yet without a basic understanding of investing, it will be difficult to make investment decisions yet alone achieve financial goals. When you understand investing, you will understand where your money is being allocated in your portfolio and won’t have to guess when making investment decisions.
Alloy Investment Management welcomes new clients and would love to meet with you to answer any questions you may have about our investment style or investing in general. We will use principles and strategies to educate and empower you to put together an investment portfolio that reflects your risk tolerance, timeline, and goals. Most people think long-term when investing because short-term investments carry more risk. A balanced portfolio is the appropriate strategy when you want to save for a comfortable retirement. A portfolio that includes 80% stocks and 20% bonds would be more appropriate for a risk taker. So, your first lesson in investing is to decide what type of investor you want to be.
Keep in mind, your investment style may change and evolve as you age. If you are in your 20’s and 30’s you can afford to take more risks because you’re young enough to recoup losses, if you’re okay with the idea of putting your hard-earned money at risk. After 40, your risks should be minimized, and your focus should turn to preserving and growing wealth. Personality and investment style go together. Call 800-689-3935 to schedule a consultation.