Navigating Financial Journeys

Completely change the investment strategy Adjust and add to the existing strategy Pursue more speculative investments Ignore the changes and maintain the same approach

They are too risky They don't actually provide the expected returns They are not tax-efficient They require too much active management

Avoid all risk and stick to conservative investments Take on as much risk as possible to maximize returns Take some calculated risks, but with a small portion of the portfolio Focus on building a solid financial foundation first before considering riskier investments

Index funds are a waste of time and should be avoided Index funds are the best option for all investors, regardless of age or wealth Index funds are a good starting point, but more advanced strategies should be pursued as one's wealth grows Index funds are a great option for younger investors, as they provide simple and effective long-term growth

Continue to aggressively invest and grow their wealth Shift focus to more speculative investments for higher returns Dial down risk and focus on capital preservation Maintain the same investment strategy they've used throughout their journey