Low Risk Tolerance

WOW! I am ALSO risk averse. Twinning! And yes- there’s hope for us. Even us low risk tolerance peeps can grow wealth in the stock market. The biggest thing for us is just not panic selling so just don’t look at your portfolio too often, stay consistent, and never sell unless it works with your financial plan!! We got this!

TAKEAWAYS:

• Never panic sell! Enlist an accountability partner or a professional manager for when you’re feeling nervous about market dips.
• Stay consistent with your investing, spread your investments and buy into the market at different times so your overall costs stay low!
• Factor your age into your portfolio ratios, slow and steady may win the race the young ones have more time to bounce back, don’t forget that!