How Much Investment Risk Can You Manage?

The Wall Street Journal- March 17, 2012

Risk tolerance is thought to lie on a continuum, with risk-avoiding scaredy-cats at one end and risk-seeking daredevils at the other. But it is not an easy thing to measure. In fact, although some experts believe risk tolerance is a stable personality trait, others, such as Mr. Milevsky, think it is more fleeting.

Talk is cheap while loss is dear.
So, calibrate your fiscal fear.

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