Oct 29, 2019
In Episode 3, “How Financial Planning Helps You Make Big Decisions” we discussed the planning process and the steps we take to develop a financial plan. Today, we continue with the next stage in the process and explore HOW we go about selecting the specific investments used to execute the plan. As part of the conversation, we cover the importance of risk tolerance, diversification, re-balancing, and why it’s best to work with an advisor to develop your strategy and identify the appropriate investments.
Remember, as a listener, you are part of the process and we encourage you to ask questions, make comments and offer suggestions for future shows. To participate, please send an e-mail to firstname.lastname@example.org or join the conversation on Twitter with Victor Gaxiola (@victorgaxiola) and Kim Gaxiola (@kimgaxiola) using the hashtag #AskTGF. We also encourage you to follow us on Facebook, and connect with us on Instagram and LinkedIn.
Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA/SIPC. Investment advisory services offered through Cambridge Investment Research Advisors, a Registered Investment Advisor. TechGirl Financial™ and Cambridge Investment Research, Inc., are not affiliated companies.
THESE ARE THE OPINIONS OF VICTOR AND KIM GAXIOLA AND NOT NECESSARILY THOSE OF CAMBRIDGE, AND ARE FOR INFORMATIONAL PURPOSES ONLY, AND SHOULD NOT BE CONSTRUED OR ACTED UPON AS INDIVIDUALIZED INVESTMENT ADVICE. DIVERSIFICATION AND ASSET ALLOCATION STRATEGIES DO NOT ASSURE PROFIT OR PROTECT AGAINST LOSS. PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS. INVESTING INVOLVES RISK. DEPENDING ON THE TYPES OF INVESTMENTS, THERE MAY BE VARYING DEGREES OF RISK. INVESTORS SHOULD BE PREPARED TO BEAR LOSS, INCLUDING TOTAL LOSS OF PRINCIPAL.