• Jeremy Ellisor

Too Much or Too Little Risk?

Every time I'm out driving, I'm amazed at how slowly some people drive, while others nearly run me off the road with their speed. It can make it difficult to set my speed to obey the law while "going with the flow of traffic."


Well, when it comes to investments, what if you didn't have to worry about "going with the flow" or the law and you could set your own speed limit? Here's what I mean...


Typically advisors ask a few questions, and based upon those answers -- most commonly your age -- they develop either a "conservative" or "aggressive" portfolio based on THEIR ideas about risk. That's so subjective! What I consider conservative may feel way too risky for you, and vice versa.



Once your advisor (or your autobot from your company 401k plan) invests for you, you find yourself disappointed with the results... either the gains aren't what you were expecting or the losses are more than what you were willing to risk. You're left feeling like that advisor (or autobot) sold you something they couldn't deliver. And what they gave you was something you didn't even want!

In fact, about 80% of investors have more risk in their portfolio than they realize! This is one of the reasons why I do things differently at Convergent. I won't bore you with the nitty gritty of the Riskalyze technology, but I will say that it's based on a Nobel prize winning theoretical framework that removes the ambiguous subjectivity. It is mathematical objectivity that gives you the portfolio YOU want.


Predicting portfolio returns with 95% probability makes it a very powerful tool that leads to happy customers! After all, they are YOUR investments and they should suit YOU, not me, another advisor, or an autobot.



Curious about your risk number? You can try Riskalyze for free on our website today to find out what yours is. You'll discover what speed limit you're comfortable with. Then, if you want to take it a step further and find out what the risk number (or speed limit) of your current investments is, just shoot me an email or give me a call.





CONVERGENT FINANCIAL GROUP

is a Registered Investment Advisor serving clients across the United States. We are proud to have been voted the best or among the best financial planners in Charleston and Mount Pleasant since we first opened our doors.

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