Mar 4, 2020
People who don’t like losing money in the stock market are often
described as “risk-averse”. In reality, behavioral scientists will
say that you may not be RISK averse, but
rather LOSS averse. There is a difference, and it matters
when you are designing your financial plan.
Las Vegas is loaded with people who are not risk averse. In fact,
they take pleasure in taking a risk.But all of them are LOSS
averse. Today, we'll clearly define the difference and why you
need to know it when determining HOW to allocate your investments
for retirement, and it may SHOCK you! Then health insurance and
Medicare expert Shelley Grandidge joins us for the Q & A. An
important show you don't want to miss....MASTERING MONEY is on the
air!!