With a net worth of $7 million at 49, I'm wondering if I should scale back my risky portfolio or just keep going?
Briefly

from 24/7 Wall St.2 months ago
The Redditor's investment strategy reflects the importance of diversification, with 64% in index funds providing safety, but 28% in Apple raises concerns about over-concentration.
24/7 Wall St.https://247wallst.com/personal-finance/2025/01/02/with-a-net-worth-of-7-million-at-49-im-wondering-if-i-should-scale-back-my-risky-portfolio-or-just-keep-going/
Investors with substantial portfolios must consistently reevaluate their risk levels, as downsizing positions could mitigate potential losses while scaling back can lower upside gains.
24/7 Wall St.https://247wallst.com/personal-finance/2025/01/02/with-a-net-worth-of-7-million-at-49-im-wondering-if-i-should-scale-back-my-risky-portfolio-or-just-keep-going/
Read at 24/7 Wall St.
#investment-strategy #portfolio-management #risk-assessment #high-net-worth #financial-planning
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