Ep 5: Shifting from Stocks to Bonds Removes the Volatility – Busting Financial Myths, Part 5

Today we wrap up the five-part series on Busting the Biggest Financial Myths with a conversation on stocks and bonds. There’s a common belief that shifting to bonds removes all the volatility out of your portfolio, but that not a certainty. To help us explain this idea, we bring on a guest that specializes in building and maintaining client portfolios.

On today's show: 

1:02 – The guest on today’s show is Keith Lockwood, the portfolio manager at BA Schrock.

1:56 – Bringing you up to speed on the series.

2:24 – The myth: You should shift from stocks to bonds to remove volatility.  

2:40 – What does investing in bonds actually mean?

3:27 – So why is this not a true statement?

5:02 – Is there an age where people should be evaluating their risk level and start shifting it?

5:46 – How to structure your portfolio conservatively.

7:25 – We’re evaluating things on a daily basis but individuals should be looking at their portfolio at least once per year.

8:15 – Are there a lot of people having the discussion about stocks to bonds because of fears of a market downturn.

10:34 – Some final thoughts on this topic.

12:19 – Mailbag time

12:33 – Mailbag question: Should I work with a younger advisor with less experience or someone my age that will retire at the same time as me?

Get the full show notes and additional resources by clicking here: https://www.baschrock-fg.com/podcast/shifting-from-stocks-to-bonds-removes-the-volatility/