Is Now the Time to Reduce the Risk in your Portfolio?

In our recent conversations with clients, a question keeps coming up, “When should I reduce the risk in my portfolio?”.   2022 was a brutal bear market so the question makes sense. Every asset class was down, most in double digits. People are tired and frustrated with volatility.   In today’s episode we answer the question, “When should someone reduce “risk” in their portfolio?”.   We also pose the questions:  - Do people understand what risk really is? - Is a less volatile portfolio really less risky? - What role does someone’s goals play in this whole question? If there was ever a time to put a plan in place, it's now!   Here’s to wise investing, Brett Pattison and Brian Hunsaker