Can You Be Too Safe?

If you have been reading along with us so far (and if you haven't, we highly recommend you go back and catch up), you probably think we would answer "no" to that question.

While it is true that many Americans do not have a sufficient amount of safety, you ABSOLUTELY can be too safe. If you have kept your money out of the market the last 18 months because of the risk of another crash, you missed a lot of growth in 2009. This is just one example of having too much safety.

Because of ignoring safety when your portfolio was created, many people panicked, got out, and stayed out of the market because of fear. Brokers and planners usually ignore the safety discussion because the products and programs they sell have risks.

When building (or rebuilding) your portfolio, safety needs to be balanced to suit YOUR needs and REALISTIC goals.

To hear the Smart Money Radio Show segment focused on this topic, Please Click Here! (about 7 minutes long)


To hear the full Smart Money Radio Show where Bruce discusses this topic and more, Please Click Here! (about 25 minutes long)