All investments involve some degree of risk. In finance, risk refers to the degree of uncertainty and/or potential financial loss inherent in an investment decision. And understanding the relationship between risk and reward is a crucial piece in building your investment philosophy.
The COVID-19 pandemic has adversely affected many Americans’ physical, psychological, and social well-being due to decreased economic stability and uncertainty surrounding job security. Whether you are still employed, unemployed, planning to retire this year, or planning on retiring in the future, here are a few tips to keep in mind while navigating the current climate.