Insights & Ideas

What is Your Goal?

The first step in planning your portfolio is to determine your goal. What are you saving for? What is your time frame? How much risk are you willing to take?

Whether you are saving for retirement, a child's college education or for that dream home, you will want to sit down with your financial advisor to discuss your goals and to develop a plan that will work toward getting you there. Other thoughts to consider:

  • Can you handle the ups and downs of the market, or do you get nervous whenever the market drops in value?
  • Are you looking to make large gains and tolerate significant risk, or are you comfortable with more modest gains and less risk?

Factoring in your personality is crucial to deciding how to allocate your investments. Even though you may have a long time horizon and could withstand market fluctuations, you may prefer lower risk investments because you cannot stand seeing your accumulations rise and fall each quarter. Or, you may have a short time horizon and are thus suited to a conservative portfolio, but you seek a riskier investment for the chance at higher gains since you have other assets to draw on in retirement.

Consider these model allocations as a general guideline below to see which one matches your investment style most closely. And remember, your advisor can help you with asset allocation decisions and planning. If you do not already have a financial advisor, we can help you find one now.

Model Portfolios

Investors should consider the investment objectives, risks, charges, and expenses of a fund carefully before investing. Download a prospectus that contains this and other information about a fund, and read it carefully before investing.