Many people find themselves confused by financial terminology, overwhelmed by the numerous investment alternatives available, and concerned about losing their hard earned money. The truth is that there are many sound investment strategies that can help individuals and families generate monthly income, develop a more efficient estate succession strategy or increase their net worth over time.
One of the most important aspects of a well-designed investment strategy is what is commonly referred to as asset allocation; the combination and proportion of the various classes of investments that will make up your investment portfolio. Developing the right asset allocation for you and your family requires a thorough understanding of your investment objectives, risk tolerance and time horizon.
Here are a few common asset allocation strategies for you to evaluate with your Ocean Financial Services investment professional: