Audio length: 00:21:30

Doug Goldstein, CFP and director of Profile Investment Services Ltd., and Tom Jacobs, money manager with Huckleberry Capital Management, discuss rules of thumb for asset allocation. 

Can asset allocation be reduced to a formula, or is it more complicated than that? Tom doesn’t believe the old-fashioned asset allocation rules are the answer for everything. He shares his personal money philosophy and encourages the audience to look at their own financial situation on a case-by-case basis. Advertisement Safe investments don’t exist. Doug created a free resource for investors who need to know there is no such thing as a safe investment. The list includes investments that are considered safe but have hidden downsides.