5min chapter

Money For the Rest of Us cover image

How to Make Portfolio and Asset Allocation Changes

Money For the Rest of Us

CHAPTER

Protecting Against the Downside

A member was looking at some type of protective puts. The cost to protect against a loss, I believe it was greater than 10%, was 3% to 4% per year. It's better to choose an asset allocation where you're comfortable with the maximum drawdown. 94% feel they now better understand financial markets and economic trends.

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