Financial Advisors Corner: WHAT IS YOUR RISK TOLERANCE?

Risk tolerance for many people has more to do with emotions than actual facts when it comes to their money. And it is true that there are many types of risk one may encounter, but all risk has one thing in common: the uncertainty of loss. The fact is that there is risk in everything. Risk can be minimized but it cannot be eliminated.

A good example of a place where risk has gradually taken people by surprise is through the safety and security of our regular savings and certificates of deposits. These rates have been at historical lows for the past five years with no clear indication that rates will rise anytime soon.

This is known as “Interest Rate Risk”. The reality for many people is that rates are so low that you are no longer able to keep up with daily expenses of living with your interest earnings and you are gradually depleting savings.

Knowing that there is risk in even the safest of investments, is your inner objective voice of reason beginning to ask whether it might be worthwhile to re-evaluate your tolerance for risk? Maybe it’s time for you to consider some of the income investments other retirees are using today to create retirement income.

Contact me, Rich Parker, to schedule an appointment at a Wauna CU branch near you to discuss your tolerance for risk. We may have an acceptable solution for you.

Rich Parker 2013Richard Parker,
LPL Financial Advisor
Wauna Investment Services
Cell: 1.877.728.4110
Office: 1.800.773.3236
Email: Richard.Parker@lpl.com
LPL Branch Office:
100 Columbia Ave
Astoria OR 97103

  • There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.
  • Securities offered through LPL Financial, member FINRA/SIPC. Insurance Products offered through LPL Financial or it licensed affiliates. LPL Financial is not affiliated with Wauna Credit Union.
  • Not NCUA Insured
  • No Credit UnionGuarantee
  • May Lose Value

Refinance Special – Move your loan to us and save!

snowboard rebate version 3Wauna Credit Union has expanded its annual Auto Loan rebate program to include all RVs, boats and toys, as well as installment loans with a balance over $5000!

This is a great opportunity to get a cash rebate, enjoy 60 days without payments, and it may even lower your interest rate or monthly payment.

Learn More: https://waunafcu.org/loans/current-loan-promotion.shtml

Bill Pay Update! Coming soon Single-Sign-On for BillPay users!

BillpayNotice1-16This is Exciting & Long Awaited News for our Members!

Our Bill Pay service will soon be upgrading. Since our core processor conversion back in October 2013, Bill Pay has required a secondary login beyond the online banking login, all of that will soon change. We have keep asking about this and working on it, and very soon, our Bill Pay users will be able to access their Bill Pay account directly on Online Banking!

This change will be coming soon, and we are hopeful that in addition to pleasing our existing users, this update will also inspire more members to use our easy and convenient Bill Pay option for paying bills monthly or even one time payments!

As the launch of the new Bill Pay nears, stay tuned to this blog, our website, and social media for announcements.

Thank you!