The Illusion of Risk-Free Investments: Lessons from Silicon Valley Bank

Today, Paul talks about why an academic approach to investing may sound boring, but could save you from a lot of pain in the future. Drawing from the recent failure of Silicon Valley Bank, Paul warns listeners about the dangers of trusting financial institutions like banks and insurance companies that promise risk-free investments, or guaranteed payments, and he emphasizes that every investment has risk. The key, Paul explains, is understanding how to build a solid financial plan and learning how to take the appropriate risks for your situation. 

Get a copy of our new book, Confident Financial Planning, at paulwinkler.com/book.