Sometimes, that kind of risk can be good—because more volatility means your portfolio can go up as well as down. The only portfolio with zero volatility is cash in the bank, and you can’t retire on the income from cash in the bank
Sometimes, that kind of risk can be good—because more volatility means your portfolio can go up as well as down. The only portfolio with zero volatility is cash in the bank, and you can’t retire on the income from cash in the bank