Episode 4 on the Wilson Wealth Management YouTube channel looks at investment risk.
What exactly is investment risk?
Is it a gamble? Both investing and gambling are speculative risks.
How does the concept of investment risk differ between individuals? From “Widows and Orphans” up to the “Wolves of Wall Street”.
What factors in your life impact your view of this risk? Are you a wolf, a widow, or somewhere in between?
How does a financial analyst see investment risk?
Understanding investment risk and where you lie on the spectrum, will help you become a better investor.