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Hi, I'm Jim Wang and I share my strategies and tactics for managing your money and enjoying more out of life.

😓 risk tolerance

Published about 2 hours ago • 2 min read

Good day Reader!

The up and down nature of the stock market this past week could give anyone whiplash - fortunately, the moves haven't been so big as to really push people to panic.

But if you have felt uneasy, now is a good time to think about your risk tolerance. I think most people overestimate their tolerance of big market (and thus, portfolio) moves.

If that describes you, now may be a good time to rethink it as the S&P just touched all-time highs.

If you haven't been fazed... that's good.

Just use the volatility as armor for the next time this happens... because it will! (perhaps very soon!)

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Hi, I'm Jim Wang and I share my strategies and tactics for managing your money and enjoying more out of life.

💵 Founder of WalletHacks.com

I have been writing about money for nearly 20 years and believe that personal finance is one of those subjects that is made complicated because it benefits a select few. Our aim is to help make it easier to understand so that regular folks can use what we teach to take control of their money and build wealth.

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