Investors in this category are willing to tolerate some risk to have a little more return to provide income as they live longer. Minimum exposure of their principal to market fluctuations is important. Their objective is current income.
As you've often heard, past performance of a fund is not a guarantee of future results. It is generally recommended that this investor has a diversified portfolio that includes fixed income securities as well as large-cap, mid-cap, small-cap and international equities allocated with 60% to fixed income and 40%to equity securities.
Financial institutions provide portfolio allocation models to help you customize a conservative to moderate portfolio. Ask for it and put your financial representative to the task of explaining the jargon in simple layman terms. It will be a worthwhile learning experience that puts you in charge.
It's your money after all.
About Me
- zoni
- I'm your next door neighbor with serious concerns about our America. Most people have been silent about things that matter because they do not have the facts. This blog's mission is to educate you about the issues that impact your financial security, your health and your values. In the words of Dr. Martin Luther King, "Our lives begin to end, the day we become silent about things that matter". Speak the truth. Be empowered and stand on the facts. Rise in righteous indignation and together we can effect the change to take back America.
