Category Archives: Risk Management
There’s no way to eliminate risk 100% when it comes to investing.
I can’t do it. You can’t do it. (And if anyone tries to tell you otherwise, take your money and run.)
There’s just no such thing.
Yet, unbeknownst to most investors, there is a way to make any investment risk “free” under the right circumstances using one of my favorite Total Wealth Tactics: the “Free Trade.”
Not only does this remove risk from your portfolio, but it means you can potentially build profits faster, more consistently, and more securely than you might think.
Doing so is a critically important concept given current market conditions and a bull market that, as of yesterday is 3,117 days old and has run more than 237% off March 9, 2009 lows.
We’re long overdue for a correction… a correction, I might add, that YOU don’t have to fear if you understand what we’re going to talk about today.
I remember September 1981 vividly, but not for reasons you might think.
Young, bulletproof, and fearless, I “met the Stones” and, much to my parent’s chagrin, nearly got arrested in the process, which is a story for another time.
That got me thinking.
The 1981 tour to promote Tattoo You, the Rolling Stone latest album back then, was widely expected at the time to be the last time the Rolling Stones went on tour. Yet, 38-odd years later, I find myself getting ready to buy another round of tickets to see Mick and the boys do their thing.