Portfolio Distribution and Risk Tolerance
We are introducing a new tool on www.1SmartStep.Org to help DIY investors determine how they should distribute they portfolio based on their financial position, risk tolerance and retirement timeline. The new tool breaks investments into (6) six categories: cash equivalents, income, growth & income, growth, aggressive, and speculative. These correspond to the categories commonly used for mutual funds, ETFs, and stock investing. This is the first step in portfolio development.