Ep.8 Learn about what you should be investing in
Description
The traditional investment risk pyramid only focuses on one element of risk, it doesn't take into account the additional 5-6 other more important risks when you need to look at investments for long-term wealth creation.
Our resident finance guru Andrew Mitchell will break down how the traditional model is outdated and why when you're looking for low-risk long-term investments you need to factor in 3 other risk factors.
In this episode we will discuss:
- Investment Volatility Risk
- Investment Liquidity Risk
- Investment Horizon Risk
- Investment concentration risk
Plus the important;
- Inflation Risk
- Fee Risk
- ROMO Risk
Small things that seem like they don't have a large impact can actually cost you Millions in retirement. So you should take note of them now so that you're not impacted.
The concept of creating wealth isn't complicated. However, there's so much confusion in the information that presented. So, it's little wonder why people get confused when trying to determine the right investment for themselves.
This confusion helps the financial advisor industry to bamboozle you into thinking it's more complicated than it is. And, they then pry on the fact you "need" a professional to determine risk profiles, portfolio risk allocations etc. However, the truth is that 92% of advisors don't outperform the market so they are costing clients billions of dollars in retirement yearly!
It's the scam of the centrury!