Reconcile Your Investment Objectives and Risk Tolerance
Once again, it all goes back to your goals and your risk tolerance! Always keep these two in mind when trying to figure out how to best approach your 401(k).
You’re probably thinking that you want immense returns with no risk, right? Well, join the club. Everyone wants those things and nobody really gets them, because they’re unachievable goals- and those who say they’re achievable might not even have the best intentions!
Always remember that sell-offs are inevitable, even when your aim is to get a portfolio with maximum growth. Being realistic will be far more helpful in your retirement savings journey than wishing for the impossible, so don’t go looking for sky-high returns with no risk.
