Douglas Goldstein, CFP and director of Profile Investment Services Ltd., explains the unexpected risks of mutual funds. Mutual funds are commonly understood as conservative investments, however mutual funds are more complex than that.
Listen to today’s show to learn more about mutual funds and the risk they have. What makes a fund conservative, moderate, or aggressive?
Every portfolio is different and yours should be reflective of your personal comfort with risk. How’s your portfolio invested? It’s important to understand the financial details of your portfolio.