March 7, 2021

Bucks: The Risks You Can Control

Paul Sullivan, in his Wealth Matters column this week, writes that a stock market dive or the debt debate in Washington are events you have no control over. But he says there may be risks in your portfolio that you can control.

And those risks may be ones you don’t usually consider. Do you, for example, know the primary investments in your various mutual funds? You may be surprised to find out that the same companies are playing the dominant roles in all your mutual funds. Or are you working with several financial advisers who do not know what the others are doing?

In a time of market volatility, controlling your own risks may be the way to give you more peace of mind.
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