Afford Anything cover image

Ask Paula: The stock market is down - Can I still retire?

Afford Anything

00:00

Why You Shouldn't Down Shift During Down Turns

During a down turn, when you think that you need to change your acid allocation or the level of your risk, especially now, i think it's definitely dangerous to lower the expected risk. So even if you're going to just down shift, you're not going to get completely out of the market. You're going to down shift so that your portfolio is a little tighter. The idea that i can get high returns in less risk, it doesn't exist. When you want to have higher returns, you have to notch up the standard deviation which is the risk level.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app