Colin Richards, president and founder of Lauren Richards, shares a risk management strategy that both novice and experienced investors can easily understand and implement - the investment barbell. In this video, he explains that just like a barbell is used for weightlifting, the investment barbell balances safety with growth.
The "safe" side of the barbell refers to principal protected investments that guarantee your original investment while still allowing for potential returns. Colin recommends considering market-linked CDs and fixed indexed annuities. The "aggressive" side emphasizes US stock market exposure for long-term capital appreciation.
Overall, the investment barbell creates a balanced portfolio with one side focused on secure needs in retirement, and the other acting as a growth reserve. It's a simple yet powerful way to feel financially independent in your senior years. View this video to learn more details on implementing this risk management strategy.
If you watch the video and have questions you’d like to ask personally, here’s a link to set up a quick 15-minute call with Colin’s team.
calendly.com/lordandrichards/...
Website: lordandrichards.com/
Facebook: / lordandrichards
Investment Advisory Services offered through Lord and Richards Wealth Management, LLC, a Registered Investment Adviser.