Ep 139: Are You a Risk Taker? Evaluating Your Risk Tolerance Level
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Show Notes
Do you take a lot of risk or are you a conservative investor? On today’s episode, we’ll explore why risk tolerance matters and how understanding our own risk tolerance level can protect our assets and future.
Watch the video podcast: https://www.youtube.com/channel/UCGS8K5-iPEy6b7fu4pLNLtA
Key points:
0:25 – The current stock market
2:20 – Increasing inflation and retirement
3:56 – Do most people know their risk tolerance level?
5:31 – Are we panicking too much?
8:00 – How often does risk match their portfolio?
11:30 – Should we adjust our risk level now?
13:11 – Bucket strategy to mitigate risk
14:53 – Taking unnecessary amounts of risk
17:49 – Adjusting your risk strategy in retirement
20:40 – Can you reduce risk without giving up growth?
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