I recently had a significant scare with my 73-year-old father when his life nearly came to an end. I recognize we are mortals, but this particular scare was abrupt. After we got past the initial trauma and remembered to breathe, my brain took over from my heart. I...
Financial risk is associated with the permanent loss of money. In order to measure the amount of risk a client is dealing with, advisors use maximum drawdown to measure the largest single drop from peak to bottom in the value of a portfolio. It also helps to offer...
