Do you have an investment policy statement? Is that statement in line with your risk tolerance, as well as your financial goals and objectives?
Having the correct asset allocation is absolutely vital to any financial plan. An investment policy statement is the foundation of your asset allocation. It lays the groundwork for what percentage of your assets should be invested in stocks (both US and international), Bonds, and Cash at any given time.
The correct asset allocation varies among individuals. There is no cookie cutter approach to determine how you should be allocated. The allocation decided on by you and your financial advisor should be determined based on your goals and objectives, your overall time horizon, as well as your risk tolerance.
Your Index is the minimum rate of return you need to achieve to accomplish your goals and objectives. A lower index translates into less risk you have to take in your accounts.
Give The Seiler Group a call to find out what your index is. It may surprise you.