Column: Money is inherently risky

I wish I had a dime for every time someone has told me they want to beat the markets without taking much or any risk. Who wouldn’t want that? All the gain without any of the pain is a pretty neat trick, and there are people who promise they can deliver just that.

Please be extremely leery of them.

Don’t get me wrong, I am not implying fraud or worse. The underlying issue is the difference between relative and absolute. While an investment manager might boast of delivering above market returns with below market risk, is that really what the client wants? (Read the full article as previously published in the Montgomery Advertiser on February 27th, 2017)