Risk, Investing & Tolerance
With: Thomas FeeThis podcast discussed the change from producing active income to passive income in the transition from work to retirement. It goes into detail to examine the amount of risk that can be tolerated in terms of the amount of time the various blocks of money can be invested. For instance, money needed in the short term must be invested much more conservatively than money the is allocated for legacy issues for heirs. By carefully examining the nature of assets and breaking them into time sensitive categories it is much easier to choose appropriate investment options and the amount of risk that can be tolerated.
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