Appetite for Risk – Investments require informed financial planning
Investment always comes with risk. So how can individuals decide which risks to take and which risks to avoid? In these videos Michael Pagliari, Investment Manager and Partner at Smith & Williamson, discusses risk assessment processes and the relationship between investors and managers. Risks need to be considered carefully to make the choice that is right for the individual and their unique situation. This is a case for informed financial planning. It is imperative to consider the market situation, the investor’s bottom line, and how much a business can afford to lose. A smart idea is to get advice from someone trustworthy who can help with informed financial planning. They can explain where there may be problems and where there are rules to follow. It is important to be clear and realistic in discussions about investments.