Few gains are won without some level of risk. One way to strike the right balance between risk and return is to measure performance relative to your own needs and goals. As your financial requirements change over time, so may your investment decisions - and your appetite for risk. Some things to consider: Personal goals and timeframes: You may be willing to take on more risk if your goals have a longer time horizon. Income and asset base: Your view of risk may change as your income and asset base increase. Portfolio diversification: As your wealth grows, spreading risk across several types of investments can help moderate the ups and downs in your portfolio's value. Asset allocation: With each market cycle, various asset classes perform differently. As your financial goals and risk tolerance change over time, finetuning your investment allocations may help mitigate risk.
Thus, by their very nature, personalized investment strategies are constantly evolving. A conversation with an experienced UBS Financial Advisor can help you explore your choices. |