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 He formerly authored a blog (no longer active) where he talked about making risk tradeoffs and I thought this was a useful quote for all those nearing retirement:

“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.

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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