Risk has been on my mind lately, so I thought I'd talk about it. The context of this risk is based on risk within an investment portfolio. My viewpoint has evolved with in my own life where I had a significant change in my risk profile and didn't really pick up on that fact. The whole point of limiting risk in a portfolio is the idea of hedging against the mental side of the game and also the financial side you may face. The financial situation is obvious, but mentally it is hard. Seeing a portfolio drop by 50% or swing wildly day to day is tough on the head. You may not sleep at night, worried sick, thinking about it. I think the hardest aspect of risk assessing is that it is hard to tell where you'll be mentally when things really hit the fan. How do you really know how you'll be on that day when things get bad? I suppose there are lessons to be learned. I want to share some of the lessons I've learned over the last year when it comes to risk. Risk is the summati
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