Your risk tolerance could hamstring your investing goals. Here's how to change that investinyou (In partnership with acorns.)
We'll always have risk and the possibility of a bear market. "It's not a matter of if, but when," Sundeen said. "That makes a case for having a diversified portfolio to weather the storms that come our way when the '08s come, or the 2020s."
"I didn't lose 20 grand," she said, though her portfolio was down by that amount. "I only lose that if I take it out. So now it's rebounded — now it's back to where it was, plus about eight grand [higher]."Heather Thornton, 46, regrets the lost years when she didn't invest because she thought she needed to have it all accessible.Heather Thornton, 46, wishes she'd had a different attitude toward finance years earlier.
"I fought against investing our money 20 years ago, and I do mean fought," she said. The argument took place every quarter. Her husband saw their checking account balance mounting to what she calls ridiculously high amounts, and he was all in favor of putting some into the stock market.
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