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SS 129: 5 Ways to Manage Risk in Life & Money

Rabbi Evan Moffic discusses one of his favorite passages from Ecclesiastes and the 5 things it teaches us about managing risk. Risk is everywhere in life, even when it’s minimal. As people, it’s important to think long term, because what we’re doing right now determines our future. We should look to create multiple streams of income to prepare us for whatever eventualities come our way, as well as focus on small, consistent, patient actions to get us where we want to go.

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www.JasonHartman.com

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SolomonSuccess.comA good financial adviser will not ignore the fact that inflation is an unavoidable fact of the modern American economy and, as such, it behooves the investor to arrange his portfolio to reduce the severity of the backhand across the face it can deliver when you tally up the credits and debits at the end of the year. Consider this. The government admits to an annual inflation rate of about four percent though, since the official calculation excludes food and energy costs, the number might as well have been sent in by as a candy-gram from a lobotomized clown, a term which, strangely, makes us think of Ben Bernanke.

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