Tag: Risk Tolerance

Understanding Recession-Proofing and Market Timing (Ep. 22)

Understanding Recession-Proofing and Market Timing (Ep. 22)

Are you ready to revolutionize your financial approach and embrace freedom from confusion? 

What if you could navigate your way through financial uncertainty confidently without letting fear dictate your choices?

In this episode of No Pricks Allowed from Cactus, Aaron Buchner uncovers the myths and realities of recession-proofing your investments. He addresses market timing, diversified portfolios, and why chasing volatile stocks might feel like gambling at times.

Aaron discusses:

  • Recession-Proofing Myths and Market Timing
  • The Role of Diversification
  • Reevaluating Risk Tolerance
  • Smart Budgeting Strategies for Tough Times
  • And more!

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Your Cactus Doesn’t Know The Stove is Hot Without Touching It (Ep. 7)

Your Cactus Doesn’t Know The Stove is Hot Without Touching It (Ep. 7)

There is a big difference between knowing something and experiencing something. You believe they can handle a riskier investment, yet your anxiety says otherwise.

Your investment risk level is not a 6% return or a 12% return. It is can you invest for a long time? Can you handle your emotions? Is your job stable? Is your life stable? You being able to not make a change when the market is panicking is only one thing that determines your risk levels

This week, Aaron Buchner shares a personal and somewhat humorous story about the risks he’s taken, from injuring himself in a soccer game after an 18-year hiatus to insights about risk tolerance and capacity in financial planning. He dives deep into understanding and managing risk to ensure you’re prepared for life’s unexpected turns.

Aaron discusses: 

  • Personal Risk Experiences: Aaron’s return to soccer and the physical risks involved
  • Risk Tolerance: The mental ability to withstand market drops and the difference between theoretical and actual risk
  • Risk Capacity: Financial ability to handle risk, considering income, debt, and lifestyle
  • Investment Strategies: Diversifying investments and adjusting risk levels based on different accounts and personal circumstances
  • And more!

Resources:

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