facebookI'm 26yo, and I've a 14% portfolio for a lower risk option, and a 26% for a higher risk position. Should I change my higher risk option to the 36% portfolio instead? This would be for the long run? - Seedly
Seedly logo
Seedly logo
 

Anonymous

Asked on 16 Aug 2020

I'm 26yo, and I've a 14% portfolio for a lower risk option, and a 26% for a higher risk position. Should I change my higher risk option to the 36% portfolio instead? This would be for the long run?

0 comments

2 answers

Answer Now

Answers (2)

It's always up to your risk tolerance but of course with higher risk exposure, the higher the return you will be expecting. As long as your risk tolerance is justifiable and you do not let emotions affect you during huge volatility and know how to dollar cost averaging or add in more position, you'd do fine over the long term.

0

Thank You!
Can you clarify
I wonder if
This is so helpful 👍
What about

Post

Benjamin Tan

Benjamin Tan

Level 4. Prodigy

Answered on 16 Aug 2020

That would depend on your risk appetite. If you are unsure, consider having multiple portfolios according to risk level (low, medium, and high) to mitigate the risk.

0

Thank You!
Can you clarify
I wonder if
This is so helpful 👍
What about

Post