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The term “risk” refers to the probability that an event will occur. The event can be positive or negative. However, we generally associate risk with the probabilities of negative events. Financially, risk is defined as volatility. Asset classes have varying degrees of volatility. A dollar bill will not fluctuate in value whereas a gold Continue reading Trek III: Know Your Risk Tolerance There are some “truths” that investors should know. They are fundamental to investing. To know them gives you insight that you can leverage to make better day-to-day financial decisions. Treating Funds Differently Based on Source This is a financial trap where the source of the money affects your investing mindset. An example of this Continue reading Trek III: Investing Fundamentals To invest properly we need to understand a couple of truths about our investing environment. The Efficient Market Markets are efficient. When we know something others do too. As a result the market is already priced to reflect that knowledge. For this reason, when we read some information from a public source (newspapers, magazines, internet) we Continue reading Trek III: Your Investing Environment |
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