Fisher (2014) recommends a two-step strategy for advisers to assist behavioral investors: (1) Assess the client's investing and risk-taking history to determine risk tolerance, and (2) establish investment strategies during calm periods to ensure a disciplined approach during market turbulence.

Authors

• Person: Not available Organization: Financial Planning Association
  Understanding Behavioral Aspects of Financial Planning and Investing

Sources

• Understanding Behavioral Aspects of Financial Planning and Investing www.financialplanningassociation.org Financial Planning Association via serper

Referenced by nodes (1)

• risk tolerance concept