Breaking Down Risk Tolerance
by Jamie Letcher, CRPC, Financial Adviser, CUNA Brokerage Services
Jul 18, 2019
3 minutes
There is no shortage of discussion surrounding the important topic of risk tolerance. It is crucial for everyone to know the basics. It is just as crucial to show discipline and rigor when it comes to adhering to the path you choose.
Here are a few of the fundamentals:
The you are, the you have, and therefore the you can adopt. Retirement savers in their 20s and 30s have 30 to 40 years before they'll need to tap retirement accounts, so they should accept more risk. If they do, it demands patience during the down markets. Younger investors may go through eight to 16
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