While the question is simple, the answer is not. Below I have listed several factors where diversification plays a role in reducing risk in an investment portfolio. Asset allocation Most people think of asset allocation when considering if their portfolio is properly diversified. We allocate our monies across the following three (3) asset classes: equities, fixed income, and cash. The decision to include an asset class is based upon their historical correlation with other asset classes. Correlation measures the strength of the relationship between two asset classes, where the value can range from +1 (perfectly correlated) to 0 (no relationship) …
You Cannot Pay Your Way Out of This Crisis You desperately want to believe that you can pay someone to take care of this problem for your loved one.
Preparing for the long road
The power of creating a financial dream
Financial Strength Comes from a Long Term Vision
A financial plan grounds you when you feel helpless for a loved one in crisis
Recovery teaches us “take one day at a time”. When we introduce goals and dreams into the conversation, we not only convey belief that long-term recovery will happen, we replace emotional purchases with purposeful spending.
Plan for helping your loved one in recovery while supporting your entire family.
Tutor Financial’s Michael Lewis CFA, MBA speaks with Melissa Ternes, founder of Master Your Money Now.
Tutor Financial Advisors owner Michael Lewis recently took part in an interview with Erin Cohen, host of the “Personal Touches Video Series.”
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