Q. I don’t like watching the value of my investments going up and down—it feels like I’m in a casino sometimes. How much risk should I be taking with my portfolio?
A. The more investors learn about investing, the more they realize it’s all about risk management—and the risks you face matter far more than the past or projected returns of the investment. In the words of Will Rogers, “I am not so much concerned with the return on my capital as I am with the return of my capital.”