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4 signs you’re being too conservative with your investments

4 signs you’re being too conservative with your investments

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  • While investing conservatively might sound good, it can actually be a risky move — your money may not get the returns you need to meet retirement or other long-term goals. 
  • If you have a large sum of cash bigger than what you need for an emergency fund, you may not be investing enough.
  • Being invested too conservatively might mean that your portfolio isn’t gaining value over several months, or moving much at all. 
  • And, if a portfolio is full of investments like bonds and money market funds, it might be too conservative and need more aggressive investments, like stocks, for a chance at higher returns in the future.
  • Start investing today with SoFi »

In investing, being too conservative isn’t as good an idea as it sounds. For investments that rely on returns to grow, like retirement savings, being invested with the right amount of risk is essential. 

“Being too conservative may actually be the riskiest thing you can do,” says CFP and Facet Wealth co-founder Brent Weiss. In his experience, the right amount of risk varies from person to person — it depends on how much risk someone can emotionally handle, how much risk your long-term plan allows for, your age, and how much risk someone really needs to take to make investments grow to their target goal.  

“The consistent way to build wealth long-term, especially for retirees to maintain their purchasing power [in retirement], is by having the risk of stocks and equities in your portfolio,” Weiss says. 

Weiss says there are three sure signs to look for

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Servia opens in the Financial District, Stoddard’s signs off, and Saloon resurfaces

Servia opens in the Financial District, Stoddard’s signs off, and Saloon resurfaces

Openings: Eastern Mediterranean restaurant Servia opens in the Financial District (126 State St. at Chatham Row) with quick-service breakfast and lunch beginning on Tuesday, Oct. 13, and dinner starting on Monday, Oct. 19. It serves meze and “pitza” — a combination of Italian pizza and Turkish pide. Breakfast starts at 8 a.m.; lunch starts at 11 a.m.; and dinner starts at 4 p.m.

The South End’s Atlántico (600 Harrison Ave. at Malden Street), the latest from Select Oyster Bar and Grand Tour’s Michael Serpa, is slated to open in the coming days. Enjoy Spanish and Portuguese tapas with a seafood focus, or stop into an all-day cafe for coffee and pastries. Cocktails focus on gin, sherry, and vermouth.

Reopenings: Saloon has returned to Somerville’s Davis Square: Visit the subterranean space adjacent to Foundry on Elm (255 Elm St. at Chester Street) for classic cocktails (and 120-plus whiskeys), bar snacks, and light meals. Duck in Friday and Saturday evenings from 5 p.m.; reservations are encouraged and walk-in availability is limited.

Brunches: Encore Boston Harbor’s On Deck Burger Bar (1 Broadway, Everett) now serves weekend brunch; visit from 7 a.m. until 3 p.m. on Saturday and Sunday for clam dip, smoked salmon, cheesesteak-and-egg tater tots, and crab cake Benedict. Drown your sorrows with 24-ounce Bloody Marys festooned with your choice of toppings: meat-and-cheese skewers, bacon, and shrimp, and prepare to hibernate for winter.

Closings: Stoddard’s Fine Food & Ale has closed in Downtown Crossing after 11 years in business (48 Temple Place at Washington Street). It was known for comfort food and craft cocktails tucked away in a historic 1868 building that once housed a corset shop.

“It’s time to say goodbye. You were once simply a thought with so many layers, so much history deeply rooted

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Italy’s Enel signs deal with SIA for new financial digital services

Italy’s Enel signs deal with SIA for new financial digital services

By Stephen Jewkes

MILAN, Oct 8 (Reuters)Europe’s biggest utility Enel ENEI.MI has signed a deal with Italian digital payments group SIA to help it develop new financial digital services, the two said on Thursday, part of a push to help customers pay bills and manage accounts online.

Enel X, the utility’s new digital services division, has launched a wider program to compete in the payments and financial services market through partnerships.

It follows a recent deal with Swedish open banking platform Tink to help power its digital banking ambitions.

Enel, which has been ramping up spending on digital networks across the world, has more than 70 million clients worldwide.

Thanks to its agreement with SIA, Enel X customers will be able to use their smartphones to make mobile payments for services like re-charging electrical cars.

The group is also looking to offer clients the option of paying energy bills and making contactless transactions using the MasterCard circuit.

“This partnership is a further demonstration of the enormous potential offered by digitalization and by the opening of markets,” Enel X Financial Services Chief Executive Giulio Carone said.

SIA, controlled by Italian state lender CDP, this week agreed a merger with bigger rival Nexi NEXII.MI to create a dominant domestic payments group.

(Reporting by Stephen Jewkes; Editing by Jan Harvey)

(([email protected]; +39.0266129695; Reuters Messaging: [email protected]))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Asia Business Leaders Show Signs Of Optimism, But Expect Layoffs To Continue

Asia Business Leaders Show Signs Of Optimism, But Expect Layoffs To Continue

Chinese astrology has it that 2020 is a “metal rat” year, and is associated with turbulence. Covid-19 has certainly provided a quantum of it. With a steep market dive in the first quarter, and sharp worldwide economic contraction, Asian business has had a rough ride. As star signs go, 2020 has so far lived up to its ratty astrological reputation.

The results of a survey conducted from August to September of Hong Kong-based Asia Business Council’s members, who are the chairmen and CEOs of some of Asia’s leading multi-national companies, collectively valued at nearly $3 trillion, and with some 3 million employees, offer insights against the turbulent backdrop of a year dominated by Covid-19. With a response rate of 83% (58 out of 70 members), the results showed a latent optimism and the confidence to re-tool investment focus. Though the outlook for job growth remains uncertain, not surprisingly, these leaders ranked public health and geopolitics as top concerns for their businesses.

A lot of numbers follow here, but they are very telling. When asked their outlook for business conditions in Asia over the next 12 months, and in spite of significant declines in their own revenues, half said they expect to see an improvement, while 33% expect conditions to worsen. Though not a table-pounding endorsement, this is a significant change from 2019, when 55% expected conditions to worsen.

Only 16% of members foresee a prolonged downturn or depression, and just 5% anticipate inflation. The wide distribution of an effective vaccine for Covid-19 is viewed as a pre-condition for a return to pre-pandemic economic levels–an opinion expressed by 91%—that speaks well of the latent, “coiled-spring” potential of

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3 signs you won’t be ready to retire in 30 years, according to a financial planner

3 signs you won’t be ready to retire in 30 years, according to a financial planner

Ruobing Su/Business Insider

© Ruobing Su/Business Insider
Ruobing Su/Business Insider

a man wearing a suit and tie smiling at the camera: Financial planner Jovan Johnson. Courtesy of Jovan Johnson

© Courtesy of Jovan Johnson
Financial planner Jovan Johnson. Courtesy of Jovan Johnson

  • Even if you have 30 or more years before retirement, it’s possible that there are already some signs you won’t be ready.
  • If you haven’t started using your employer’s 401(k), or are still making the same contribution you started making several years ago, you might need to make a change to get on track. 
  • Similarly, if you find that your retirement income will be significantly less than what you’re currently earning, it’s worth adjusting your savings strategy now to maintain your lifestyle in the future.
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While it can be tough to think 30 years into the future, it’s necessary for retirement planning. It takes years of saving, investing, and growth for retirement planning to work effectively and build a large enough savings to live well in retirement.


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There’s no set age to start thinking about retirement planning, but experts agree that the sooner you start, the better. Not only will your money grow more, but you’ll also have less stress later on.

For that reason, thinking 30 years into the future is essential. Financial planner Jovan Johnson of Piece of Wealth Planning says that there are a few signs you’ll want to watch out for on you savings journey — they might mean that you won’t have enough savings for a comfortable retirement. 

You haven’t started using your workplace’s 401(k), or haven’t updated it recently

If your employer offers a 401(k), it’s definitely something to take advantage of sooner rather than later. These retirement accounts allows contributions pre-tax, which lowers your total taxable income. These accounts can also sometimes come with a match, where an employer will essentially

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