this post was submitted on 09 Apr 2026
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[–] village604@adultswim.fan 27 points 2 days ago* (last edited 2 days ago) (1 children)

It's not a bad question, though. There are strategies to protect your portfolio from economic downturns.

It's something the financial advisor should already be doing, though. Which might be where the frustration comes from.

[–] partial_accumen@lemmy.world 19 points 2 days ago* (last edited 2 days ago) (1 children)

It’s not a bad question, though. There are strategies to protect your portfolio from economic downturns.

It could be a bad question (from the client). If they are invested for higher growth, that comes with risk. If they're looking at the their portfolio, seeing a 3% drop in value, and then asking for change it tells me they don't have the right risk tolerance for the investments they have. This may mean either the broker didn't listen to the client when the client told them their risk tolerance, or the client lied with how much risk tolerance they had.

[–] village604@adultswim.fan 15 points 2 days ago

Or the client is reassessing their risk tolerance.