S1E125: How to combat obsolete wealth management models: BT Money Hacks (Ep 125)
BT Money Hacks
00:00
How to Personalize an Investment Plan for Seven Billion People
i think it's something that continuing to evolve and continui to improve as we understand how investments should be dealt with for individuals, according to their plans. Different investment horizons impact the amount of risk that any particular investor takes on. Some people have more loss aversion than others. The important part of tailoring a portfolio for a client is understanding how that cliene is going to feel when things are not going well. And if the portfolio is too risky for them, andit induces them to stop their investments when the portfolio has gone down, then that's not a good thing.
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