Last week, we talked about how to set up and maximize your 401k, and I hope it offered you some clarity about where your money goes when you contribute to it and what it does after you do so.
In this week’s Financially Wise Living episode, our focus is on how to choose the investments in your retirement account once you’ve got it set up. We’ll discuss how to decide your risk tolerance, review investment options, talk about how to choose mutual funds that match your risk tolerance model portfolio, and learn how to make sure you’re diversifying your investments and why you need to rebalance them often.
Investing is such a critical part of your financial journey, so I hope this video gives you insight into why that is, as well as shows you how to make your money work for you and your unique situation.
And if you’re not yet doing so, I’d love for you to follow me on Instagram. I’m @brittneycastro, and every day I share a little bit of money love, from tips and tricks for managing your finances to how I’m bringing the Financially Wise Women message to the masses. I’d love to have you come along!
Love and success,
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The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investment(s) may be appropriate for you, consult your financial adviser prior to investing. There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive outcomes.