The S&P 500 has been an incredible place to invest over the last 15 years. But has its success created a hidden risk in investors' portfolios?

This week on Investment Friday, Hannah and Brad look beneath the surface of the S&P 500 and explain why owning hundreds of companies doesn't necessarily mean you're as diversified as you think.

They also explore rising Treasury yields, why today's investment environment may look different from the last 15 years, and why a portfolio that worked beautifully during your accumulation years may need to change as you approach retirement.

In this episode:

• Why the 10-year Treasury yield has risen and what higher bond yields mean for investors

• How lower interest rates contributed to the investment environment of the last 15 years

• Why the S&P 500's recent outperformance is historically unusual

• The concentration risk hiding inside S&P 500 index funds

• Why owning multiple ETFs doesn't necessarily mean you're diversified

• How large-cap, mid-cap, small-cap, international, fixed income, and cash can play different roles in a portfolio

• Why your required rate of return—and appropriate level of risk—can change as you approach retirement

Ready to work with a fiduciary CFP to build your long-term wealth strategy? Hannah is currently accepting new clients at X² Wealth Planning.

Schedule a complimentary consultation: https://calendly.com/hannahrchapman/60-minute-exploration-call

Hannah Chapman, CFP®, APMA®, CRPC® | hannah.chapman@x2wealthplanning.com | x2wealthplanning.com