{"id":13777,"date":"2024-06-24T12:23:40","date_gmt":"2024-06-24T10:23:40","guid":{"rendered":"https:\/\/pattersonmills.ch\/?p=13777"},"modified":"2024-06-24T14:37:59","modified_gmt":"2024-06-24T12:37:59","slug":"how-does-risk-change-with-age","status":"publish","type":"post","link":"https:\/\/pattersonmills.ch\/fr\/how-does-risk-change-with-age\/","title":{"rendered":"How Does Risk Change With Age?"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"13777\" class=\"elementor elementor-13777\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-734921c3 elementor-section-full_width elementor-section-height-min-height elementor-section-items-stretch elementor-hidden-mobile elementor-section-height-default\" data-id=\"734921c3\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-3b1a362b\" data-id=\"3b1a362b\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;none&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5ed26ed5 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"5ed26ed5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">How Does Risk Change With Age?<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7da17c6 elementor-align-left elementor-widget elementor-widget-post-info\" data-id=\"7da17c6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-15df7ff elementor-inline-item\" itemprop=\"author\">\n\t\t\t\t\t\t<a href=\"https:\/\/pattersonmills.ch\/fr\/author\/edward\/\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-user-circle\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-author\">\n\t\t\t\t\t\t\t\t\t\tEdward Mills\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-e5e8838 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t<a href=\"https:\/\/pattersonmills.ch\/fr\/2024\/06\/24\/\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-calendar\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>juin 24, 2024<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-65f2ab20 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"65f2ab20\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div><div class=\"quote-content\">\u201cRisk is how much can you lose and what are the chances of losing it\u201d &#8211; Seth Klarman<br \/><div>\u00a0<\/div><\/div><\/div><div class=\"quote-quotation\"><div><span style=\"background-color: var( --e-global-color-04ee521 ); color: var( --e-global-color-3429fff ); font-size: inherit; letter-spacing: -0.015em; text-align: inherit;\">3 min read<\/span><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-5818ac77\" data-id=\"5818ac77\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3425518c elementor-widget elementor-widget-spacer\" data-id=\"3425518c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-62d66db8 elementor-section-full_width elementor-hidden-desktop elementor-hidden-tablet elementor-section-height-default elementor-section-height-default\" data-id=\"62d66db8\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-28ec48d1\" data-id=\"28ec48d1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1e19e2cd elementor-widget elementor-widget-image\" data-id=\"1e19e2cd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/pattersonmills.ch\/wp-content\/uploads\/2024\/06\/06.2024-2-24.06.2024.jpeg\" class=\"attachment-full size-full wp-image-13779\" alt=\"How Does Investing Risk Changes With Age\" srcset=\"https:\/\/pattersonmills.ch\/wp-content\/uploads\/2024\/06\/06.2024-2-24.06.2024.jpeg 1920w, https:\/\/pattersonmills.ch\/wp-content\/uploads\/2024\/06\/06.2024-2-24.06.2024-300x169.jpeg 300w, https:\/\/pattersonmills.ch\/wp-content\/uploads\/2024\/06\/06.2024-2-24.06.2024-1024x576.jpeg 1024w, https:\/\/pattersonmills.ch\/wp-content\/uploads\/2024\/06\/06.2024-2-24.06.2024-768x432.jpeg 768w, https:\/\/pattersonmills.ch\/wp-content\/uploads\/2024\/06\/06.2024-2-24.06.2024-1536x864.jpeg 1536w, https:\/\/pattersonmills.ch\/wp-content\/uploads\/2024\/06\/06.2024-2-24.06.2024-18x10.jpeg 18w, https:\/\/pattersonmills.ch\/wp-content\/uploads\/2024\/06\/06.2024-2-24.06.2024-1200x675.jpeg 1200w\" sizes=\"(max-width: 1920px) 100vw, 1920px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7fb0ba09 elementor-section-full_width elementor-hidden-desktop elementor-hidden-tablet elementor-section-height-default elementor-section-height-default\" data-id=\"7fb0ba09\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4fe26bcf\" data-id=\"4fe26bcf\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;none&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-281c4020 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"281c4020\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">How Does Risk Change With Age?<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2fd9df72 elementor-align-left elementor-widget elementor-widget-post-info\" data-id=\"2fd9df72\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-15df7ff elementor-inline-item\" itemprop=\"author\">\n\t\t\t\t\t\t<a href=\"https:\/\/pattersonmills.ch\/fr\/author\/edward\/\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-user-circle\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-author\">\n\t\t\t\t\t\t\t\t\t\tEdward Mills\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-e5e8838 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t<a href=\"https:\/\/pattersonmills.ch\/fr\/2024\/06\/24\/\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-calendar\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>juin 24, 2024<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6c96a1f elementor-widget elementor-widget-text-editor\" data-id=\"6c96a1f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"quote-quotation\"><div class=\"quote-quotation\"><div class=\"quote-quotation\"><div><p>\u201cRisk is how much can you lose and what are the chances of losing it\u201d &#8211; Seth Klarman<\/p><\/div><div class=\"quote-quotation\"><div><span style=\"background-color: var( --e-global-color-04ee521 ); color: var( --e-global-color-3429fff ); font-size: inherit; letter-spacing: -0.015em; text-align: inherit;\">3 min read<\/span><\/div><\/div><\/div><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-615b64f5 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"615b64f5\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-62e468d2\" data-id=\"62e468d2\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;animation&quot;:&quot;none&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bf527f2 elementor-widget elementor-widget-text-editor\" data-id=\"bf527f2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<iframe src=\"https:\/\/odio.ai\/embed\/51998e4a00c403e6\" scrolling=\"no\" height=\"125px\" width=\"100%\" frameborder=\"0\" allowfullscreen><\/iframe>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bb6f2db elementor-widget elementor-widget-text-editor\" data-id=\"bb6f2db\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Investing is a crucial part of financial planning, but the you take approach can vary significantly based on age.<\/p><p>However, it is not as easy as saying that younger investors can take more risk and older investors can take less risk.\u00a0<\/p><p><span style=\"font-size: inherit; text-align: inherit; color: var( --e-global-color-3429fff ); background-color: var( --e-global-color-294aba5 ); letter-spacing: -0.015em;\">What is more prudent to consider is that younger and older investors have different risk tolerances and investment strategies due to their varying financial goals, time horizons, and life stages.<\/span><\/p><p>This could lead to older investors taking less risk than younger investors, but also younger investors taking less risk than older investors.<\/p><p><span style=\"font-size: inherit; text-align: inherit; color: var( --e-global-color-3429fff ); background-color: var( --e-global-color-294aba5 ); letter-spacing: -0.015em;\">As with most things, there is no one-size-fits-all solution.\u00a0<\/span><span style=\"background-color: var( --e-global-color-294aba5 ); color: var( --e-global-color-3429fff ); font-size: inherit; letter-spacing: -0.015em; text-align: inherit;\">Understanding the differences is key to crafting a suitable investment plan as, unfortunately, the answer to how much risk you should take is not quite so simple!<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eee2d06 elementor-widget elementor-widget-heading\" data-id=\"eee2d06\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Risk Tolerance at a Younger Age<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2ca14ba elementor-widget elementor-widget-text-editor\" data-id=\"2ca14ba\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div data-testid=\"conversation-turn-1155\"><div data-testid=\"conversation-turn-565\"><div data-message-author-role=\"assistant\" data-message-id=\"6d7d5fc2-8ebe-49ac-b2ad-65a9d13456fa\"><div data-testid=\"conversation-turn-691\"><div data-message-author-role=\"assistant\" data-message-id=\"641bf8cb-b77e-4c9d-ac27-045e19b28a7e\"><div class=\"flex-shrink-0 flex flex-col relative items-end\"><div class=\"pt-0.5 juice:pt-0\"><div class=\"gizmo-bot-avatar flex h-6 w-6 items-center justify-center overflow-hidden rounded-full juice:h-8 juice:w-8\"><p><span style=\"font-size: inherit; text-align: inherit; color: var( --e-global-color-3429fff ); background-color: var( --e-global-color-294aba5 ); letter-spacing: -0.015em;\">Younger investors, typically in their 20s and 30s, have a long investment horizon. This allows them to take on higher risks, as they have more time to recover from potential market downturns. The focus for younger investors is often on growth and accumulating wealth over the long term, though this is a generalisation and not true for everyone.<\/span><\/p><p><span style=\"font-size: inherit; text-align: inherit; color: var( --e-global-color-3429fff ); background-color: var( --e-global-color-294aba5 ); letter-spacing: -0.015em;\">Due to an extended time horizon, younger investors can typically then afford to invest aggressively. They are more likely to allocate a larger portion of their portfolio to stocks, which, while volatile, offer higher potential returns.<\/span><\/p><p><span style=\"font-size: inherit; text-align: inherit; color: var( --e-global-color-3429fff ); background-color: var( --e-global-color-294aba5 ); letter-spacing: -0.015em;\">This strategy aims to maximise growth during the early years of investing and can be seen as a comfortable way of investing when they have many years to recuperate any losses.<\/span><\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-248a586 elementor-widget elementor-widget-heading\" data-id=\"248a586\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Risk Tolerance in Later in Life<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e7d0cf3 elementor-widget elementor-widget-text-editor\" data-id=\"e7d0cf3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-size: inherit; text-align: inherit; color: var( --e-global-color-3429fff ); background-color: var( --e-global-color-294aba5 ); letter-spacing: -0.015em;\">Older investors, typically nearing or in retirement, naturally have a shorter time horizon. Their focus often shifts from accumulation to preservation of capital and generating income. This reduced time frame makes them less tolerant of high-risk investments, as they have less time to recover from potential losses.<\/span><\/p><p>However, this is again a generalisation and you could in fact have varying degrees of risk for different parts of your portfolio, subject to your needs.<\/p><p>To mitigate risk, older investors can adopt conservative investment strategies. This means that they allocate a larger portion of their portfolio to bonds, cash, and other fixed-income securities. These assets provide stability and predictable income, essential for funding retirement expenses. Please note, no investment is without risk and you could withdraw less than you invested.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-01b05aa elementor-widget elementor-widget-heading\" data-id=\"01b05aa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Balancing Risk and Reward<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-616e4b9 elementor-widget elementor-widget-text-editor\" data-id=\"616e4b9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div data-testid=\"conversation-turn-1155\"><div data-testid=\"conversation-turn-565\"><div data-message-author-role=\"assistant\" data-message-id=\"6d7d5fc2-8ebe-49ac-b2ad-65a9d13456fa\"><div data-testid=\"conversation-turn-691\"><div data-message-author-role=\"assistant\" data-message-id=\"641bf8cb-b77e-4c9d-ac27-045e19b28a7e\"><p><span style=\"font-size: inherit; text-align: inherit; color: var( --e-global-color-3429fff ); background-color: var( --e-global-color-294aba5 ); letter-spacing: -0.015em;\">Regardless of age, diversification remains a fundamental principle of investing. You can diversify to spread risk across various high-growth assets, or diversify to protect your portfolio from market volatility and preserve capital.<\/span><\/p><p><span style=\"font-size: inherit; text-align: inherit; color: var( --e-global-color-3429fff ); background-color: var( --e-global-color-294aba5 ); letter-spacing: -0.015em;\">As investors age, it\u2019s common to gradually shift their portfolio from aggressive to conservative. This strategy, known as &#8220;life-styling,&#8221; adjusts the asset allocation to reduce risk as the investor approaches retirement. This ensures that the portfolio is aligned with changing financial goals and risk tolerance.<\/span><\/p><\/div><\/div><\/div><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e594218 elementor-widget elementor-widget-heading\" data-id=\"e594218\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The Importance of Personalised Financial Advice<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dbd47a9 elementor-widget elementor-widget-text-editor\" data-id=\"dbd47a9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-size: inherit; text-align: inherit; color: var( --e-global-color-3429fff ); background-color: var( --e-global-color-294aba5 ); letter-spacing: -0.015em;\">It is easy to think &#8220;I am older now, I should reduce my risk tolerance&#8221; or &#8220;I am young and should take as much risk as I can.&#8221;<\/span><\/p>\n<p><span style=\"font-size: inherit; text-align: inherit; color: var( --e-global-color-3429fff ); background-color: var( --e-global-color-294aba5 ); letter-spacing: -0.015em;\">Well, individual circumstances differ and the above statements are not necessarily true.<\/span><\/p>\n<p><span style=\"font-size: inherit; text-align: inherit; color: var( --e-global-color-3429fff ); background-color: var( --e-global-color-294aba5 ); letter-spacing: -0.015em;\">Things such as financial goals, income needs, and personal risk tolerance should always guide investment decisions, no matter your age.<\/span><\/p>\n<p><span style=\"font-size: inherit; text-align: inherit; color: var( --e-global-color-3429fff ); background-color: var( --e-global-color-294aba5 ); letter-spacing: -0.015em;\">Whilst online resources can only take you so far, talking to a Patterson Mills Financial Planner can help you discover where on the risk scale you fit, regardless of age.<\/span><\/p>\n<p><span style=\"font-size: inherit; text-align: inherit; color: var( --e-global-color-3429fff ); background-color: var( --e-global-color-294aba5 ); letter-spacing: -0.015em;\">In fact, if you are young but plan to buy a house within 3- to 5-years, you may wish to consider a lower risk profile.<\/span><\/p>\n<p><span style=\"font-size: inherit; text-align: inherit; color: var( --e-global-color-3429fff ); background-color: var( --e-global-color-294aba5 ); letter-spacing: -0.015em;\">If you are older and envisage your portfolio lasting 20- to 30-years, you could consider a higher risk profile.<\/span><\/p>\n<p>No matter your age, if you have financial goals you wish to meet sooner in life, and those you wish to meet later in life, you could take a proportion of your portfolio and invest in lower risk assets for those you wish to meet sooner, and could potentially afford to take higher risk for those you wish to meet later in life.<\/p>\n<p><span style=\"font-size: inherit; text-align: inherit; color: var( --e-global-color-3429fff ); background-color: var( --e-global-color-294aba5 ); letter-spacing: -0.015em;\">As you can see, one thing is clear; you need a tailored investment strategy that considers these unique factors, and Patterson Mills is here to give you just that.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a08f673 elementor-widget elementor-widget-heading\" data-id=\"a08f673\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The Best Way To Formulate Your Investment Strategy<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-46e0211 elementor-widget elementor-widget-text-editor\" data-id=\"46e0211\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div data-testid=\"conversation-turn-1155\"><div data-testid=\"conversation-turn-565\"><div data-message-author-role=\"assistant\" data-message-id=\"6d7d5fc2-8ebe-49ac-b2ad-65a9d13456fa\"><div data-testid=\"conversation-turn-691\"><div data-message-author-role=\"assistant\" data-message-id=\"641bf8cb-b77e-4c9d-ac27-045e19b28a7e\"><p>In reality, you cannot paint any age group with the same brush.<\/p><p>If you are older, do not think you have to take less risk and, if you are younger, do not think you have to take high risk.<\/p><p>It all depends on your personal circumstances, risk tolerance, capacity for loss, financial goals, time horizon, and more!<\/p><p>So, look no further as your helping hand is just one e-mail or phone call away.<\/p><p><a style=\"font-size: inherit; text-align: inherit; letter-spacing: -0.015em; background-color: var( --e-global-color-294aba5 );\" title=\"Nous contacter\" href=\"https:\/\/links.pattersonmills.ch\/contact\" target=\"_blank\" rel=\"noopener\">Get in touch with us<\/a><span style=\"font-size: inherit; text-align: inherit; color: var( --e-global-color-3429fff ); letter-spacing: -0.015em; background-color: var( --e-global-color-294aba5 );\">\u00a0today\u00a0<\/span><span style=\"font-size: inherit; text-align: inherit; color: var( --e-global-color-3429fff ); letter-spacing: -0.015em; background-color: var( --e-global-color-294aba5 );\">and book your initial, no-cost and no-obligation meeting.<\/span><\/p><p><span style=\"font-size: inherit; text-align: inherit; color: var( --e-global-color-3429fff ); letter-spacing: -0.015em; background-color: var( --e-global-color-294aba5 );\">Send us an e-mail to <\/span><span style=\"font-size: inherit; text-align: inherit; color: var( --e-global-color-3429fff ); letter-spacing: -0.015em; background-color: var( --e-global-color-294aba5 ); text-decoration-line: underline;\"><a href=\"mailto:contactus@pattersonmills.ch\">contactus@pattersonmills.ch<\/a><\/span><span style=\"font-size: inherit; text-align: inherit; color: var( --e-global-color-3429fff ); letter-spacing: -0.015em; background-color: var( --e-global-color-294aba5 );\"> or call us direct at +41 21 801 36 84 and we shall be pleased to assist you.<\/span><\/p><\/div><\/div><\/div><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-61cff8b4 elementor-share-buttons--view-icon elementor-share-buttons--skin-flat elementor-share-buttons--shape-circle elementor-share-buttons--color-custom elementor-grid-0 elementor-widget elementor-widget-share-buttons\" data-id=\"61cff8b4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"share-buttons.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-grid\" role=\"list\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_facebook\" role=\"button\" tabindex=\"0\" aria-label=\"Share on facebook\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-facebook\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_twitter\" role=\"button\" tabindex=\"0\" aria-label=\"Share on twitter\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-twitter\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_linkedin\" role=\"button\" tabindex=\"0\" aria-label=\"Share on linkedin\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-linkedin\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_whatsapp\" role=\"button\" tabindex=\"0\" aria-label=\"Share on whatsapp\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-whatsapp\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_email\" role=\"button\" tabindex=\"0\" aria-label=\"Share on email\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fas fa-envelope\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-08a255d elementor-widget elementor-widget-text-editor\" data-id=\"08a255d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"hd-block hd-block-paragraph\"><p><strong><em>Please note that all content within this article has been prepared for information purposes only. This article does not constitute financial, legal or tax advice. Always ensure you speak to a regulated Financial Adviser before making any financial decisions.<\/em><\/strong><\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>\u201cRisk is how much can you lose and what are the chances of losing it\u201d &#8211; Seth Klarman<\/p>","protected":false},"author":3,"featured_media":13779,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[303,108,230,117,67,144,296,297,298,299,15,244,60,302,190],"class_list":["post-13777","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-planning","tag-age","tag-finance","tag-finances","tag-financetips","tag-financialadvice","tag-financialadviser","tag-financialadvisor","tag-financialeducation","tag-financialknowledge","tag-financialliteracy","tag-financialplanning-2","tag-independentfinancialadvice","tag-investing","tag-investmentmanagement","tag-risktolerance"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/pattersonmills.ch\/fr\/wp-json\/wp\/v2\/posts\/13777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pattersonmills.ch\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pattersonmills.ch\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pattersonmills.ch\/fr\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/pattersonmills.ch\/fr\/wp-json\/wp\/v2\/comments?post=13777"}],"version-history":[{"count":19,"href":"https:\/\/pattersonmills.ch\/fr\/wp-json\/wp\/v2\/posts\/13777\/revisions"}],"predecessor-version":[{"id":13797,"href":"https:\/\/pattersonmills.ch\/fr\/wp-json\/wp\/v2\/posts\/13777\/revisions\/13797"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pattersonmills.ch\/fr\/wp-json\/wp\/v2\/media\/13779"}],"wp:attachment":[{"href":"https:\/\/pattersonmills.ch\/fr\/wp-json\/wp\/v2\/media?parent=13777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pattersonmills.ch\/fr\/wp-json\/wp\/v2\/categories?post=13777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pattersonmills.ch\/fr\/wp-json\/wp\/v2\/tags?post=13777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}