What is investment risk and what can you do about it?
New free booklet I wrote: Hits and Myths — an introductory guide to investing — at fma.govt.nz
Today we look at one of the booklet’s 8 Myths About Investing: “Investing is too risky”. Types of risk:
- You won’t get the return you want because of inflation
- You won’t get the return you want because of volatility
- You’ll lose some or all of your money
Importance of diversification
You can also watch a webinar I did with FMA on investing, at fma.govt.nz
Listen to the segment below, or click here to read Radio NZ’s summary.
You can listen to these sessions as podcasts. Subscribe free to Mary’s RNZ podcast here.
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Mary Holm, ONZM, is a freelance journalist, a seminar presenter and a bestselling author on personal finance. She is a director of Financial Services Complaints Ltd (FSCL) and a former director of the Financial Markets Authority. Her opinions are personal, and do not reflect the position of any organisation in which she holds office. Mary’s advice is of a general nature, and she is not responsible for any loss that any reader may suffer from following it. Send questions to [email protected] or click here. Letters should not exceed 200 words. We won’t publish your name. Please provide a (preferably daytime) phone number. Unfortunately, Mary cannot answer all questions, correspond directly with readers, or give financial advice.