Finding your comfort zone – Manage risk to preserve and grow wealth for future generations
Abstract: The 2007–2008 financial crisis drove home the fact that investment risk is a real concern that families need to define and manage. Too little risk, and asset growth may not keep pace with inflation, eroding wealth over time. Too much risk, on the other hand, jeopardizes a family’s financial security. This article looks at a couple of approaches that can be useful in managing risk.