Tag Archives: Risk Tolerance

FEATURE

10 Steps to Start Taking Control of Your Finances (Ep.15)



It’s hard to know where to start when creating a financial plan. You have so many options, and it’s tough to know which one is right for you. 

You’re not alone in this struggle. 

In this episode, Michael Labos explains how to stop putting off your finances and start thinking about them instead. Michael shares ten small steps that will make you start thinking about financial planning.

Michael discusses:

  • Why effective budgeting is the number one step to financial success
  • How debt can grow each year due to interest rates
  • The cost of multiple unnecessary subscription services
  • How to determine your true risk tolerance for portfolio management and investment planning
  • And more!

Resources:

Connect with Michael Labos:

 


FEATURE

Here’s How To Thrive In a Bear Market (Ep.11)



It’s no secret that bear markets can be terrifying. However, with effective strategies and knowledge, there are hidden opportunities. 

In this episode, Michael Labos dives into how Gen Xers can increase their investment confidence during a bear market. He reveals how long bear markets last, why they aren’t as scary as many believe, and the opportunities that can be gained during one.

Michael discusses:

  • The definition of a bear market
  • How risk tolerance impacts ideal investment options
  • The role of taxes when it comes to bear markets
  • The truth about retirement plans and bear markets 
  • And more!

Resources:

Connect with Michael Labos: