Retirement planning is no easy feat, even for the most knowledgeable investors. But if you think of investing as acquiring a mixed bag of goodies, then theres hope yet.
When thinking of ways to allocate your savings (or your parents), portfolio strategists say a mix of certificates of deposit, stocks, and bonds are the way to go. Level of risk and amount of money to invest – factors that are unique to every investors personal situation – must be researched and carefully considered. One wrong move can result in devastating consequences. No one wants to squander a nest egg on ill-advised investments, but with investments come risk.
Read more at The Wall Street Journal.