Step 2: Recognizing Your Risk Tolerance and Allocation
To achieve your goals, you need to ensure that you have the money available to spend at the time you need to spend it. This is why the second step of the PRISM process is focused on helping you recognize your ability to handle risk.
In this course, we help you identify your ability to tolerate risk from a timing, financial and psychological standpoint. You'll use this information to help you determine a portfolio allocation that is appropriate for your goals and your ability to tolerate risk.
Course Outline:
Lesson 1: Welcome to Step 2 of PRISM—Recognizing Your Risk Tolerance and Allocation
Lesson 2: What Is Risk?
Lesson 3: Short-Term Versus Long-Term Risk
Lesson 4: Timing Aspects of Risk
Lesson 5: Financial Aspects of Risk
Lesson 6: Psychological Aspects of Risk
Lesson 7: Understanding Your Risk Tolerance
Lesson 8: Reviewing Your Risk Tolerance Results
Lesson 9: The Importance of Allocation and Diversification
On-Demand Webinar:
Gain Confidence In Your Allocation with PRISM
Worksheets:
