How Can You Minimize Risk and Maximize Return in Retirement?
Manage episode 443334277 series 3599130
In this episode, we explore the critical concept of standard deviation in investing, particularly for those nearing retirement.
Learn why average return isn't the only metric you should be focusing on and how volatility can impact your financial future. Discover the importance of managing your portfolio's standard deviation through the illustrative examples of Laverne and Shirley.
Don't miss this essential discussion for anyone looking to optimize their retirement strategy!
Chapters:
(00:00) Introduction
(01:00) The Importance of Standard Deviation
(02:15) Example: Laverne and Shirley
(05:45) Understanding Volatility
(08:00) Analyzing Your Portfolio
(10:00) Conclusion
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