Net Worth Hacks

24 – Cultivate Through Asset Allocation


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Continuing down the roadmap, Ken further discusses cultivating assets. There are different kinds of asset classes that you can look to invest in: Cash (or Cash Equivalent), Bonds, and Stocks (Equity). Exploring these different fields require an understanding of risk and what is called a “glide path.” Understanding your target date for retirement as well as your age factors into this glide path model, which outlines the amount of investment risk you take over the course of your life. Younger investors typically take on more risk, while those nearing retirement typically take minimal risk. Take a listen to this episode to understand where you should consider allocating your assets.

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Net Worth HacksBy Ken Kaufman

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