Tuesday, February 28, 2017

Being Smart With $$ -- Take Some Chips Off the Table

Are you gambling and leaving those Chips on the Table? Doubling down and hoping for Blackjack?  Or are you happy to be a winner, shoving some Chips in your pocket and limiting your risk?  If you have a financial plan, you should have a target portfolio which includes a certain percentage of your money in stocks.  In the last year, U.S. stocks are up almost 23% while bond returns are barely positive.  If you haven’t done a portfolio review lately, chances are good that your actual portfolio and target portfolio no longer match up.  Time to act and remember that your retirement fund should not be brought to the casino.
- Larry Pike, CFA, Client Priority Financial Advisors LLC
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www.clientpriority.com

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