What is in Your “Very Safe” portfolio?

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Doug Goldstein June 1, 2023

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If you are like many of my clients, you might not want to take too many risks with investing your money. If you want a “very safe” portfolio, what does this actually look like?

Recently, I spoke with a woman who thought she had a “very safe” portfolio… I was shocked to review her statement and saw she was heavily invested in stocks. Typically, investors who want a “very safe” portfolio should NOT be invested in the stock market, but should choose bank deposits for their money.

The power of your portfolio comes from knowing what is inside your investment portfolio.

“Risk comes from not knowing what you’re doing.” – Warren Buffet

It is normal for someone’s risk profile to change over time. If this happens to you, when was the last time you mentioned your increased/decreased appetite for risk with your investment advisor?

Listen to learn what steps you should take to ensure your risk profile and investments are properly aligned.

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