Wednesday, April 25, 2012
Are you an aggressive investor?
According to Dan Danford, CFP® and Founder/Chief Executive Officer of Family Investment Center, forget rules of thumb when it comes to determining your aggressiveness in investing. In this video, Danford answers the question of whether or not the rule of thumb of limiting your stock percentage to 110 less your age makes sense if you don't want to risk giving up potential gains. Danford offers his reasons for ignoring that oft-used financial expression and why answers to retirement questions and portfolio diversity depend on what your retirement time horizon is.