Archive - December 24, 2014

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A Message about Risk in Investing

A Message about Risk in Investing

risk in swimmingThe following is a story that was related to me by another financial planner. The message is quite remarkable – and important for all of us to understand.

A dentist, age 53, had sold his practice and partially retired. When we reviewed his portfolio, which amounted to approximately two million dollars, it became apparent that he had strong feelings regarding protection of capital. The entire two million dollars was invested in a combination of CD’s, money market funds, and short-term US government bonds.

A portfolio with this kind of makeup is considered risk averse, meaning that there is little if …

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