Managing Risk in a Post-Crash World
Mar 2, 2009
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By Elaine Floyd, CFP ®
During this financial crisis, investors' portfolios have been subjected to risks we haven't seen in years: credit risk, liquidity risk, interest rate risk, and purchasing power risk, as well as the usual bugaboo, market risk. It's a good idea going forward to evaluate portfolios for each kind of risk and institute an appropriate mitigation strategy. These days, you can't be too careful.