Question: Can you change your time horizon and risk tolerance after you’ve already invested?
Answer: Yes. You’re never stuck.
Your time horizon can change depending on how much time you need to meet a goal.
Your risk tolerance can change along with your time horizon.
Risk tolerance can also change in turbulent markets. Maybe you thought you could cope, but now you’re panicking.
Before you take action, consider:
How will you be helped … or hurt?
If markets calm down, will you regret your choices?
If you aren’t sure, talk it over with a knowledgeable person you trust.
Still want to make a change? Try moving gradually into your new asset allocation. Make sure it can keep you on track to meet your current goals—or set new goals that you can achieve.
Questions? We’re here to help. 800-355-2162.
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