Doug Goldstein, CFP® and director of Profile Investment Services Ltd., and Tom Jacobs, money manager with Huckleberry Capital Management, discuss rules of thumb for asset allocation.
Can asset allocation be reduced to a formula, or is it more complicated than that. Tom doesn’t believe the old-fashioned asset allocation rules are the answer for everything. He shares his personal money philosophy and encourages the audience to look at their own financial situation on a case-by-case basis.
Safe investments don’t exist
Doug created a free resource for investors who need to know there is no such thing as a safe investment. The list includes investments that are considered safe but have hidden downsides. To download The Risks of “Safe” Investments, please go to today’s show notes.