The Mutual Fund Advisor: Why understanding risk is more important than chasing returns in mutual funds
In reality, risk is simply: how much your fund can fall, how often, for how long, and what you will do when that happens. (AI image) Most investors don’t ask me, “What is the right level of risk for me?”They ask, “Which fund will give the highest return?”Ideally: high return, low risk, and no losses…