Objectives, Asset Allocation and Risks can't be separated...
So your best asset is a good plan...
Academic research shows the largest contributor to investment return is asset allocation. Simply put, matching the right blend of investments with relevant objectives and Risk Profile is more important than trying to identify 'the *best* investment(s).
Every investor's personal circumstances and goals will all influence these points.
Whether your goals require Growth or Income, or possibly a combination of Growth & Income, over what term, with what access needs and how much Capital risk ? And what is your 'back up plan', what other resources might you have to call on if necessary?
... it makes sense to have a personal plan ...
to review the risks of doing nothing, the return available from the risk you can accept and the risks associated with your personal objectives.
Planning your portfolio to meet your objectives:
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Will the value of my portfolio rise and fall ('volatility') and by how much ?
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What is the probability of losing some or all of my capital ?
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What return is likely to be achieved ?
With other important aspects to consider:
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What risk might be necessary to achieve my goals ?
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What return is available without risk ?
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What are the risks of not achieving my goals ?
As planners and advisers we can assist you in many ways.
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Our Risk Profiling process considers your knowledge and experience
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Your Risk Profile is a starting point of the review discussion, not a conclusion
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We review capital loss and volatility tolerance for each goal as well as an overall view.
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With you, we review the risks of not meeting your objectives
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Reviewing your risk profile with the risks in your goals informs your choices
