Taming market volatility risk is a must for investors

November 5, 2024 by Ayo Mseka

Following recent market volatility, most Americans want to reduce risk in their financial strategy and bolster their portfolio against future volatility, according to the 2024 Q3 Quarterly Market Perceptions Study from Allianz Life Insurance Company of North America. In fact, a whopping 73% of Americans said that they would stop using their current financial professional if they didn’t help them reduce exposure to market volatility.

Many Americans are addressing the risk of market volatility in their financial strategy, the survey said, and most Americans (51%) said that they have made changes to their investments to make them less risky or more conservative because of recent market volatility.

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Originally Posted at InsuranceNewsNet on October 31, 2024 by Ayo Mseka.