E121: The Easiest Way to Best Analyze and Understand Financial Risk
Dollars and Nonsense · Living Wealth
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Show Notes
In this episode, we discuss financial risk. Most of us are aware that certain investments are riskier than others, but what do we mean when we say that? Are there different kinds of risks, and how do you know what types you should take?
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Topics Discussed:
- Understanding how financial risk assessment is personal
- What is risk at its root
- Risk vs. Reward considerations
- How to assess what risks exist
- How to measure risk based on your needs and tolerance
- Being aware of and guarding against cognitive bias
Episode Resources:
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