Guarding Wealth: Buying risk, paying for liquidity

Guarding Wealth: Buying risk, paying for liquidity

Price-earnings ratios are a useful way to analyze your investment decisions

What do you get when you invest in capital markets? You might say stocks or bonds, mutual funds or units in real estate investment trusts. That answer is both true and false. You do get ownership of those things, but in a more analytical sense, what you are really getting is risk — any stock […] Read more