We all understand that there’s risk in the world. Put simply, risk is the possibility of loss. As investors, we tend to focus solely on market risk. But there are many different types of risk. In this video, David Cook, CFP® of Pure Financial Advisors discusses not only market risk, but also longevity risk, inflation risk, sequence of returns risk, interest rate risk, liquidity risk, opportunity risk, and tax risk.
If you want to learn even more on this topic, check out this article on “Types of Risk Management”.
