Young and Older Folk Portfolio Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Young and Older Folk Portfolio

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jritz0 who wrote (5774)	6/29/2024 10:47:04 PM
From: chowder	4 Recommendations Recommended By misscbd NAG1 onlywords peterad Read Replies (1) of 21947

Re: Me thinks large cojones are a required attribute of your clients. No risk it! No biscuit! If you want to outperform, there are risks that need to be taken. If a person is unwilling to take them, then don't tell me you want growth, and by that I mean beating the S&P 500 Index. When you tell me what's more important to you, I'll provide it, but the higher the expectations, the higher the risks. Gotta man up if someone wants to outperform. Not so much if they want to be conservative. I have clients where I'm very conservative because their goal isn't to outperform the market, but don't complain to me when a conservative portfolio doesn't keep up with a bullish market. It all comes down to what's more important for each person and the level of risk they are willing to take to achieve whatever it is they want to achieve. I've spent most of my adult life in sales, and I know how to read peoples risk tolerance levels when I'm asking them questions and probing for what it is they can live with. If I couldn't, I wouldn't still be managing their portfolios

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next