Should I have my money in stocks, bonds, or cash? Do I have time to overcome a market downturn? Should I just own companies that I recognize and whose products I already trust? Should I trust the options I have with my employer or go my own way? These are all questions that surround the topic of risk in investing. Just like most things in life, investing involves risk, but the fear of risk can lead to some poor investing decisions. Listen along to this episode where Paul explains how advisors help create a portfolio that considers these risks and keeps people from making emotional decisions with their money.
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