Asses Your Risk Tolerance-Writing on Clear Board

By: Harris Financial Advisors | On: December 12, 2018 | Category: Financial Planning, Long Term Planning |

Assess Your Risk Tolerance for the Year Ahead

With the recent volatility in the stock markets, it is a good time for investors to review their risk tolerance. A formal risk assessment can provide valuable information that investors can use to form a baseline from which to make financial decisions, even amid market fluctuations and changes in life and work.1 While no specific risk level is better than another, it is important to understand where you fall on the risk spectrum so you can apply that information toward your financial planning and investment strategies. Are you unsure of your risk tolerance? Asking for a formal risk assessment from your financial advisor is a great place to start.