Goldstein On Gelt

Should investors increase portfolio risk and always look for the highest yielding products? Every investment has risk – the question is what level of risk is best for you. Smart money decisions are based on your personal tolerance for risk, and having a conservative view on investing is not necessarily a bad thing. Sometimes it may be wise to increase your portfolio risk in order to make more money, but more frequently than not, Doug advises clients against needlessly increasing risk in their portfolios. Doug encourages investors to be sure they are comfortable with their investment decisions. Conservative investors may find that consulting a brokerage firm before purchasing “safe” investments like CDs (certificate of deposits) can help them. An advantage of buying CDs is that they are FDIC insured up to $250,000. But what happens if you want to own more than $250K worth of CDs? Can you still be insured? Listen to the podcast to learn how you can buy more CDs and possibly get better returns. [Learn about how