When you’re investing for retirement, one thing you will want to factor in is your age. The closer you get to retiring, traditionally, the more you want to increase your exposure to bonds. But younger investors? They may be able to wait a bit.
JSPM LLC portfolio manager, Trent Smalley, joined Stocks In Translation to offer valuable advice for young investors and to discuss how age can influence investment strategies. He explains, “If you’re using a dollar-cost averaging strategy over time, young people don’t have anything to worry about. It’s the people that are nearing retirement and those that are in retirement that they want to take a little bit more caution.”
Listen to the full episode here, or wherever you get your podcasts.
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This post was written by Neil Mulcahy.