“When I’m sitting back reflecting on my career, I often wish that I could send a time capsule of wisdom, knowledge and experience back to my rookie self, back when I first got my securities license back in 1993.
If I could, that capsule would contain these videos.”
– Erik Strid, CEO of Concentus Wealth Advisors
Part 55 of Erik’s Weekly Video series.
This week’s lesson: When you own a single stock portfolio you’re exposing yourself to all three risks: company risk, sector risk and market risk. When you own the market you’re exposed to only one risk: market risk