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Risk Tradeoffs

Posted by John Posey

I discovered some very insightful work from a fellow financial planner, Ashby Daniels, out of the Pittsburg area. He writes a weekly blog called The Retirement Field Guide where he shares some valuable insights.

In his post linked below, he talks about making tradeoffs. He includes some terrific quotes and I really liked one of his own:

“A risk that is temporary can’t matter that much in the grand scheme of a 30-year retirement.”

Keep that in perspective as current events unfold now and always. I hope you find this as insightful as I have.

Trading One Risk for Another by Ashby Daniels.

Additional referenced post:

An abundance of caution by Seth Godin

Favorite quote –

“We can always make a risk ever smaller. But the cost is that we will increase other risks. Please don’t avoid appropriate caution…”

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