The Concentration Risk Lurking in Your Portfolio

For the first time since 1973, investors are putting a lot of their money in S&P 500 index funds or in mutual funds that use the S&P 500 as a benchmark. Most investors probably don't know that about 80% of the gains we've seen this year are due to the performance of only 10 companies! In other words, you may have a lot of money tied up in just a few stocks, which could mean you're taking on more risk than you know.

In this video, Peter with Richon Planning and Erin Kennedy talk through the reasons behind this new trend and how to make sure your investments are properly diversified. To manage that potential volatility, Peter recommends you:

-Reduce concentration

-Consider Hedged equities or Buffered ETFs

-Consider Structured Notes

If you would like to take a deep dive into your portfolio to make sure you're properly diversified and not taking on too much risk, please reach out to Peter by calling (919) 300-5886 or visit www.RichonPlanning.com