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Roaming Returns
Learn how to generate a passive income through investing, so you don't have to wait until retirement to live your passions. We used to think you had to either save for 30+ years or choose to live now and make up for it later. Well, it turns out that you can have it all with the right strategy.
We tired to do things the conventional way but just couldn't stifle our wanderlust. After giving in and making a lot of financial mistakes, we stumbled onto an amazing way to invest for cash flow. It's now our goal to share all of the ins and outs of our investing strategy along with other financial considerations that may go into creating your ideal lifestyle. New episodes drop every Tuesday.
Roaming Returns
038 - How To Understand And Navigate Different Types Of Investing Risk
Risk holds many people back from investing because it causes a lot of fear, but most risk can be mitigated by doing a few specific things.
Having a strategy in place to pick the right stocks, setting asset allocation rules and ensuring proper diversification are a big part of risk mitigation. But another important component is keeping your emotions in check.
And one of the easiest ways to remove emotional reactivity is to have an emergency fund set up. That one thing alone negates the need to pull money out of the market at the wrong time and all the stress that comes with taking losses.
We talk about many stocks in this episode, but not all of them are good buys right now. The ones we mentioned that are
- EXAI
- DOGG
- Any Utilities we discussed in Episode 33
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**DISCLAIMER**
Ticker metrics change as markets and companies change, so always do your own research. The content in this podcast is based on personal experience and is for educational purposes, not financial advice. See full disclaimer here.
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