Preview Mode Links will not work in preview mode

The Your Life, Your Money Podcast helps you thrive in life, wealth and retirement. The show is designed to navigate the complexities around money, building and securing wealth, and achieving financial independence. Scott Sierens, financial advisor at Sierens Financial Group, will provide thoughts, strategies, and ideas on each episode to help you make smart and sound financial decisions. The goal is to take complex financial subjects and make them simple and easy to understand so you can feel confident to take action, enjoy life, and eliminate financial stress and anxiety.

Scott, along with guests from across various industries, will cover topics such as tax savings strategies, investment and wealth management, IRAs, 401(k)s, retirement planning, income strategies, pensions, estate planning, social security, healthcare, and much more.

Retirement isn't an age or number. It's finding the balance between living life today and feeling financially confident about YOUR tomorrow.

Ask Scott your questions by calling 847-235-6989 or check out our podcast website at https://lifemoneyshow.com for more resources.

Aug 11, 2022

Everyone feels great about their investments when the market is growing and remaining strong, but how do you feel when things start to get choppy? Those fluctuations in the market can identify the people that aren’t truly comfortable with their portfolio risk because fear could push them to sell quickly.

Here are some of the important things you’ll learn on this episode:

  • Why people typically have more risk in their portfolio than they are truly comfortable with. (4:31)
  • Ways to assess how much risk you have in your portfolio (7:28)
  • The different investment strategies that we utilize with clients to help reduce portfolio risk but not eliminate opportunities for growth. (10:41)
  • The ways that we work with clients and help them identify their risk tolerance and align that with their investments. (14:52)
  • Is this a great time to load up on stocks? (16:24)

If you want to take advantage of the download we’ve put together to share some tax strategies, visit this link.

 

Read more and get additional financial resources here: http://lifemoneyshow.com 

 

Check out our YouTube channel: https://www.youtube.com/channel/UCPhQ-u12d60Z0HNCwwVubdQ