This week Mercurio Wealth Advisors Founder and President, Alan Mercurio, and host Randy Cook, discuss the importance of knowing your Risk Tolerance.

What is Risk Tolerance? It is the ebb and flows you feel secure taking with the swings of the market. Almost everyone feels secure when the market climbs, but what when it dips? How much of your investment are you to miss?

Knowing your Risk Tolerance is paramount to your overall planning strategy. This sets a bar that will intersect with all other saving strategies.

In addition to knowing the importance of your Risk Tolerance, is your planning up to date or is it obsolete? Listening to music on a CD used to be the standard, but now? Streaming. Do similar shifts in trends also apply to financial planning? Yes!

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