What's Your Risk Tolerance?

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Travis Sickle

Travis Sickle

6 жыл бұрын

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What is your risk tolerance? First, let's figure out what it is and how you should use it. If you are trying to reach your financial goals, you'll want to know what risk tolerance means for you.
Each goal can have a different risk tolerance because it's a different time frame and objective. It's more than just a target rate of return.
Risk tolerance is about how much you are willing to lose before you pull the sell trigger. It's not WANT to lose, of course.
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Пікірлер: 2
@clifehinojosa5705
@clifehinojosa5705 4 жыл бұрын
So it basically means how much do you wanna make and how much you are willing to loose in order to make it right?
@TravisSickle
@TravisSickle 4 жыл бұрын
Correct.
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