Sep 9, 2021
How can you determine your risk tolerance and set up your investments in a way that will result in success? Today, Brian explains the maximum drawdown and how that relates to your financial plan.
Read more and get additional financial resources here: (opens in a new tab)
What we discuss on this episode:
0:13 - Do you have a short memory when it comes to the recession?
2:26 - What is maximum drawdown?
6:26 - The 2008 recession made a lot of people get out of the market.
8:25 - Financial woes can cause a lot of stress.