Stick to the plan?

Personal Finance | Investors have three options in the current financial panic | David Bahnsen

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The cornerstone to prudent financial planning is a thorough analysis of the timeline, risk tolerance, and goals you have. Your goal should be to match your needs through suitable and appropriate solutions.

The appropriate solution in certain cases will frequently involve investments that contain certain degrees of risk and volatility. Volatility is the movements up and down in the value of an investment between the time it is purchased and the time it is sold. Investors do not like volatility, but they do like good returns. Sadly, risk and reward are positively correlated. In fact, this is the defining theme of the investment universe. If high returns were available without any risk, then everyone would buy them, and the high return would no longer exist. This is a tricky balance, and it is a major part of financial planning.