Gary Poster, with essential assists from Galyn Norwood, Phiroon Phihakendr, Jose Quijada, Pavandeep Kalra. Here is an overview of the most important points of this lesson. Time is on your side. Those with more years until retirement can afford to put a greater percentage of their assets in the stock market.
Stocks mean risk and return.
Those with a higher tolerance for volatility should put more money in the stock market than those in the same age group who have a lower tolerance. Education funds need stocks. If you're investing for your kids' education, you may want to consider putting a greater percentage into stocks than you put into your retirement investments. Get professional advice. The best way to develop an effective asset allocation plan is to consult a qualified financial planner.