Please stay tuned for important disclosure information at the conclusion of this episode.

Welcome to a special episode of InvestA Insights. I'm your host, I'm Anna Hampton.

Today's discussion will focus on portfolio makeovers and how to spot common pitfalls.

This year's market volatility has rocked many portfolios,

and some investors might be taking a peek at their account balances and wondering what to do.

Morningstar, Inc.'s director of personal finance, Christine Venz, has recently released her

portfolio makeover week webcast, five portfolio pitfalls, and how to fix them.

And Christine is joining investing insights to share timely advice and an excerpt from her webcast.

Hi, Christine.

Hi, Ivana.

So you've recently released your portfolio makeover week webcast, and what did you think was important to address this year?

As we've watched the markets tumble. Well, so many things because people who are writing in

for these portfolio makeovers and I'm sure people reading them are concerned about the

wherewithal of their portfolios. If they're getting close to or in retirement, they want to make sure

that they have adequate savings, that their spending rate isn't too high. So we wanted to

address that concern, which tends to just come up again and again. We also wanted to address

what asset allocations should look like, given that we have had this really worrying time in the stock market

and the bond market. So we share different portfolios with an eye toward giving investors

some peace of mind in evaluating their own plans and recognizing that if they do need to make

changes, they can use morningstar.com, use the tools and

articles and other resources on the site to help engineer those changes.

So some investors are probably looking at their portfolios right now and seeing numbers that

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