It’s natural human instinct to be afraid of uncertainty. This couldn’t be more relevant than in the world of investments. When it comes to your money, you don’t want to take any chances. It’s not just a portfolio, it’s your child’s college education, or your livelihood when you retire.
For many of us, the fear of losing vastly outweighs the potential of winning. But are we more afraid than we should be? How do we balance the emotional (feelings) with the rational (data) when investing our money? How do we invest in the future without keeping ourselves up at night?
Our good friend Todd McClain, a partner at Plante Moran, stops by to share his wisdom on the subject of risk tolerance. Whether you’re a newbie investor looking for tips on how to get started, or a seasoned trader looking for a gut check, you might learn a thing or two.
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