Every single person is unique, and with that, comes a unique level of risk tolerance within their portfolio.
In this episode, J Barry Watts and Eric Burlison discuss risk and volatility as it pertains to your portfolio, and how you can understand what your own personal risk tolerance is. Barry and Eric use examples of how the market has behaved in the past to help you understand what happens if you are taking on too much risk.
Barry & Eric discuss:
- Investment risk and how it impacts your portfolio and retirement
- The arithmetic of loss and understanding what it takes to even out after a loss
- How to quantify the amount of risk you are willing to hold
- Why understanding your risk number matters to protecting yourself
- And more!
Related: Your Biggest Retirement Question