Backyard Finance's Yardcast - Episode 2.5: Tim's Story; a case study in risk tolerance.

12/05/2020 17 min Temporada 1 Episodio 2

Listen "Backyard Finance's Yardcast - Episode 2.5: Tim's Story; a case study in risk tolerance."

Episode Synopsis

In this very special episode Ruan tells us a tale of his "friend" Tim who decided to invest in a very volatile market at a volatile time. This tale of woe illustrates some mistakes that could have easily be avoided. Please have a look at https://sorted.org.nz/tools/investor-kickstarter to get a better idea of your risk tolerance. * Those of you wondering FIN stands for Faster Identification Number. As always please don't mistake this cautionary tale as investment advice. Always seek independent advice and don't be a Tim!