Ep 139: Are You a Risk Taker? Evaluating Your Risk Tolerance Level

Phil's Tax Hacks · Jun 16, 2022 · 28m

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…