What is your risk tolerance? High risk tolerant

1 min read

Tsk, tsk, tsk. You might want to reduce your risk. Chasing the hottest investments is a good way to get burned. Sure, you might have confidence behind your aggressive investment style, but you might want to cool your risk down a couple degrees. Make sure your portfolio is good and balanced, keeping your investments diverse. Do this by knowing your percentages. Identify how much of your portfolio you want in high-risk stocks and how much you want in safer investments. When high-risk investments pay off, don’t double down. Chill out your portfolio by putting some of the money into the safer investments. For more tips on investing, visit Bankrate.com.