While investing can be complex, we want to simplify the process for you.
Creating wealth doesn’t necessarily require a lot of money. It just takes discipline, consistency, patience and the power of compound interest.
Your life situation plays a role in how much volatility you can tolerate. For example, the younger you are, the more volatility you can generally accept. That’s because you have the time to wait for a rebound when there is a downturn in the market. But if you are retired or are nearing retirement, you may be counting on income from your investments and may not be able to tolerate so much volatility.
If you have children going to university in the next few years or people dependent on you for financial support, or some other shorter term goal, you may need to keep more of your portfolio in stable, defensive style assets.
Sometimes our clients don’t have particular objectives in mind. For example retirement is so far off they don’t have a clear picture of what they are looking for. In these situations, our recommended asset allocation is based upon their emotional tolerance level and how long they have to invest.