We are all looking for our niche – our area of expertise and comfort. And, once you find it, you want to hold on to it and follow it repeatedly. Then why should your financial plan be any different. The only caveat is that it takes time to find the block that completely fits you, which is why this approach is well-suited for you if you are closer to your retirement years. You ask why? Listen to our podcast to understand this relationship better.
Key takeaways:
· When you get to your 50s you have a better understanding of your risk profile, the investments that make you comfortable, and your exact goals. You know what works for you and what doesn’t.
· Thus, there is no need for you to experiment with new approaches to investing and get adventurous with your financial plan.
· At this juncture, all you need to do is consistently follow the approach that has served you well in the past and will serve you well in the future.
You can listen to the podcast on the Edelweiss Mutual Fund website, Spotify, Google Podcasts, and Apple Podcast. We hope you enjoyed this podcast and will tune in to listen to more such podcasts on investing nuggets.