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Stress-test your retirement portfolio
Before we start to rely on something, we often want to see how it will react under stress—be it a bridge, or a baby stroller, or a space rocket. Well, the same can be said about retirement portfolios. We should be able to see how our portfolios will react under stress, says Daniel Satchkov, a chartered financial analyst and president of RiXtrema, a risk modeling and consulting firm that focuses on extreme financial-market events and has built a portfolio crash testing service. And then we need to figure out whether to accept or mitigate those stress points...Read More
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