Buying Individual Stocks in Louisiana

Looking to make stocks, bonds or mutual funds a part of your retirement portfolio? Remember these three words: Diversify! Diversify! Diversify.

Different types of stocks take turns leading the market. Some years big, growing companies lead the market, while other years small and midsize companies deliver great returns. Your portfolio should include a range of stocks and bonds so that you can enjoy the upswings and buffer yourself against the downturns. The more diversified your investment portfolio, the more stable and secure your retirement nest egg will be.

Another factor to consider in building your portfolio is how soon you plan on retiring – or when you will need the money. If you are in your pre-retirement phase (30s, 40s or even 50s) and don’t plan on withdrawing money from your retirement savings any time soon, you can afford to take some risk and weight your portfolio more towards riskier high-growth instruments. As you near retirement time, it may be prudent to invest in less volatile financial instruments so that the market swings are less extreme.

Your risk tolerance or appetite for risk is a third key factor in determining what investments are right for you. You need to be okay with the risk embedded in your portfolio. You need to be able to sleep at night.

Stine Financial Group can help you construct a retirement portfolio that is right for you. Stine Financial takes an individualized approach and will create a comprehensive retirement plan – incorporate stocks, bonds, mutual funds and other appropriate financial instruments – that is right for you and your family.

Investments seeking to achieve higher returns also involve a higher degree of rish. The return and principal value of stocks fluctuate with changes in market conditions. Shares, when sold, may be worth more or less than their original cost. Past performance does not guarantee future results.

Please remember that diversification and asset allocation do not guarantee profit nor protect against loss in a declining market. They are methods used to help manage risk.

Let Stine Financial Group help you lay the foundation to live the life you want in retirement.