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By: Tom Roberts CFP®, MBA, posted on 06/20/2017

Reducing your income risk is crucial when investing

Reducing your income risk is crucial when investing When investing and managing your money, you must consider and deal with a number of potential risks. These include general market moves, individual company, interest rate, inflation, default, political, currency, liquidity, volatility and others.

Some of these are more important at different times in one’s life. If you are relying on your investments to provide income to pay your expenses, you are rightfully concerned about the stability of income. How concerned you are depends on whether this income is needed to cover basic expenses or is used for discretionary purposes.

Regardless of how you use the income, let’s look at how you can manage these risks and improve the reliability of your overall investment income.

Read the rest of the 2/14/2017 Bradenton Herald article here.