What's your Risk Tolerance?
A common question that is too often viewed over-simplistically.
Earlier this week, I met with a client that has always considered themselves to be "conservative". So, I was trying to explain to them the concept of "Pressing the Attack" - borrowed from my study of military history.
Take risk when it's appropriate.
Seek safety when that's appropriate.
This is especially true if you are paying someone to "actively" manage your nest egg. If they are not dialing up and down your exposure to "risky" assets, are they really "actively" managing your assets?
What do you think? Do you agree or disagree with this approach? Let me know your thoughts by leaving a comment on either my LinkedIn post or the YouTube video itself.
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