Diverse Investment Risks and Financial Planning Strategies

This chapter covers a range of investment risks, including time horizon risk and emotional reactions to market fluctuations. It delves into the importance of understanding emotional risk tolerance and balancing high-risk portfolios with emergency funds. The conversation also touches on financial planning topics such as paying off mortgages, funding retirement accounts, budgeting for newborns, and the significance of having a short-term disability policy for parental leave replacement.