By ESSENCE Editors ·Updated January 26, 2022
Someone once said, “Aim for balance in all things.” All things would be great, but let’s start with investing, where finding the right balance between risk and reward is key. A portfolio that’s too risky might leave you vulnerable to big losses in a market downturn—but a portfolio that isn’t risky enough may not show much growth over time. You want your portfolio’s risk temperature