Volatility is not the same as risk. Let me be clear, volatility is not the same as risk. Financial people like to equate the two because it’s easier to sell something if you say, “It’s volatile,” vs “There is some risk.” Volatility is when the value of something fluctuates in an unpredictable way. The greater […]

Real World Financial & Risk Planning Isn’t Simple Math All financial planning is a reflection of most common real-world planning problems. It’s about the allocation of limited resources in the face of an uncertain future. Another term for this is risk management. Like all successful and sustainable systems or processes, proper financial planning is a result of dichotomous ideas […]