From The "Risk-Wise" Investor, this chapter takes you
through a step-by-step process to effectively manage risk. This
risk planning strategy is dedicated to helping you become familiar
and completely comfortable with an easy-to-use, very effective, and
holistic risk management planning process. It's a system that you
can put to work right away in preparing for and effectively
managing the risks you'll face. Author and industry veteran Michael
Carpenter believes the key to risk management is to recognize that
business and financial phenomenon exists and to factor it into your
investment thinking.
This chapter demystifies risk management, covering:
* Portfolio strategies for all market conditions
* Active and Passive risk management strategies
* Risk Assessment
* Decision Making Checklists