Managing Risk in Today’s Stock Market

There’s no denying the stock market has been catching the attention of the media.  With unprecedented market highs, how does an individual investor make the most of it while protecting themselves from an event that could bring this market to a halt?  The answer lies not only what you’re invested in, but how you’re managing your overall financial plan.  The next question, possibly having a scary answer is, do you even have a financial plan?  A well rounded financial plan that balances strategic growth with protection and income guarantees is critical to avoiding a catastrophe while reaping profits.  You first have to make sure you understand the crucial elements of a sound financial plan.