Understanding RISK

This is an important episode. Here, Roger and Pete dive deep into one of the most important subjects for anyone looking to improve their finances to understand - RISK. It's misunderstood and it's misrepresented, but risk can be your friend if you treat it right.

Shownotes: https://meaningfulmoney.tv/session604 

Get the PDF emailed to you - Risk Lens Guide: https://meaningfulmoney.tv/risklens 

 

02:18 Everything you need to KNOW

04:17 - Market & investment risks (the ones everyone worries about)

08:37 - Inflation & purchasing power risk (the silent wealth killer)

13:35 - Behavioural risk (where most damage is actually done)

18:31 - Planning risks – when the structure is wrong

23:31 - Life risks that derail even the best plans

26:06 - The risk nobody talks about: building the wrong life

29:35 Everything you need to DO

29:42 - Get clear what the money is for

32:28 - Match risk to time, not emotion

33:43 - Build shock absorbers before chasing returns

35:56 - Diversify like you mean it

38:03 - Design for behaviour, not brilliance

40:27 - Protect the foundations

42:32 - Review — don't react

44:49 - Spend intentionally — now and later

47:25 The Meaningful Money Risk Lens

51:15 Summary

52:42 This week's reviews