How should baby boomers invest today? Short answer is the same as yesterday. That's because your investment portfolio was presumably set up to take into account down markets; even bear markets.
The long answer is based on your risk tolerance and your time horizon to reach your life's goals. These two objectives are a moving target and constant communications between myself and clients is a must to make sure we both have an understanding of what they mean at all times.
That's what today's Friday email blast - and video - are all about.
In this video, I'll share with you how I invest for my boomer clients with a 3-bucket approach to manage their needs and expectations over the near, intermediate, and long term. The main premise to this strategy is to make sure my clients could stick to their investment plans and avoid making hasty decisions that could feel good now, but could have negative ramifications in the future.
Check it out and please share this with someone whom you think could benefit from it.
Have a great weekend!
