Financial Expert Jim Tso Presents New Free Financial Planning Tool

VERO BEACH, Fla., Oct. 8, 2013 /PRNewswire/ -- The most important questions investors ask are, "Where should my investments be along the broad spectrum of all possible investments, and where do I feel most comfortable along that spectrum?"

Jim Tso says, "To become a better investor, you need to know your risk tolerance and then tailor your portfolio to match it. One of the most common mistakes investors of all experience levels make is not having a portfolio that accurately and honestly reflects their personal feelings as well as their financial needs and goals. You may convince yourself that you are okay with having an aggressive stock portfolio when the market is up, but find that you cannot handle the exaggerated losses that come during an extended correction or major stock market crash (as happened in 2008)."

To address these challenges, Tso's blog InvestBetterSpendSmarter.com has created "My Optimal Asset Allocation Analyzer (MOAAA)," a proprietary analysis tool to help you determine your best portfolio choice(s) from among our TSOA Freedom Portfolios or other similar portfolio choices. It is based on Jim Tso's 35 years of experience and the ideas of many professionals who practice financial planning and optimal asset allocation. The tool addresses where your investments should be and also incorporates your level of risk tolerance and risk preference.

Tso added, "Don't let the long name of our asset allocation tool scare you. To use it, you do not have to know any scientific formulas or understand complex economic theory. All you have to do is answer a few simple multiple choice questions. There are no right or wrong answers. Once you learn how simple MOAAA is to apply and why it is smart for you to use it, you can save thousands of dollars in fees each and every year that a financial advisor would charge to apply essentially the same methodology to manage your investment portfolio(s). Would the extra thousands of dollars in savings make a difference in your life?"

MOAAA can be applied to any accounts, whether they are employer-sponsored retirement accounts, IRA Rollovers, or taxable accounts at a brokerage firm. The model used to illustrate MOAAA applies to an employer-sponsored retirement account.

MOAAA is free and can be found at the InvestBetterSpendSmarter.com financial blog.

You can reach Jim Tso at 772-453-2800.

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SOURCE InvestBetterSpendSmarter.com