Don’t Invest Based on Age
Investment is a process of allocating money to assets for creating wealth and achieving financial security. There are several investment options. Each comes with ample risk. Selection is largely based on the investor’s risk appetite. Also, traditional belief is that age determines an investor’s risk-taking capability. Is that true? Should we manage our portfolio based on age?
Risk Vs Age
Investing in equities can fetch great returns. However, the risk involved is high. According to the traditional school of thought, a person should reduce exposure to portfolio risk as he grows older. Here, risk primarily
