What is Risk Anyway?
The short-term gyrations in the market are anything but clear. But focusing on the horizon (10, 20, 30 years from now) allows us to look past the blurry foreground.
The short-term gyrations in the market are anything but clear. But focusing on the horizon (10, 20, 30 years from now) allows us to look past the blurry foreground.
This week's blogpost - https://bahnsen.co/429YLTH
What is Risk?
Seems like quite a philosophical question, no? Yet, one we must wrestle with when it comes to investing. A misunderstanding of risk can be costly.
Blaine Carver uses this analogy, and I think it’s perfect:
We need to adjust our financial binoculars. We need to focus less on the blurred foreground and more on the horizon. The short-term gyrations in the market are anything but clear. But focusing on the horizon (10, 20, 30 years from now) allows us to look past the blurry foreground.
With that said, please do come join us – binoculars in hand – for Blaine’s Thoughts On Money.
Links mentioned in this episode:
Trevor is a Partner, Director of our Private Wealth Advisor Group, and Author of Thoughts on Money.
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