Today, Paul shares a story about running into an investor who feels a lot more peace about his investments after connecting the dots on standard deviation. The standard deviation of an investment portfolio helps personal investors, fund companies, and even insurance companies understand how far off the investment is from its projected return and how to know when an investment might no longer be able to provide the kind of income that you expected. Listen along as Paul helps explain why standard deviation helps you determine if you’re drifting off course or if you’ve found a reliable investment. Later in the episode, Paul explains the hurdles that electric vehicles still need to overcome to be the future of transportation and why the market will eventually find the best solution for consumers and not the one that people are most excited about right now.
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