It seems like there is no end the volatility in our stock market. Financial Expert Aaron Maguire has some tips on how to deal with it

Aaron, where do we start?

1) Define your goals.

Ask yourself if you are a short term investor, or a long term investor. What are your income needs? Do you need income now. How much will you need later. What does retirement mean to you? What does money meant to you?

2) Define your risk tolerance?

Are you an aggressive investor trying to maximize growth?

Are you a moderate investor...you need growth and income?

Are you a conservative investor…you would like primarily income?

3) Analyze your portfolio

Make sure your investments match your investment risk

Make sure your investments are providing you with the best returns with the least amount of risk.

4) Diversify, Diversify, Diversify

Invest in and outside the US

Invest in large, medium and small companies

Invest in growth and value companies

Invest in short term, medium and long term bonds

For more financial related advice visit www.reliancewealth.com or e-mail Aaron.