Business
How can you determine your risk tolerance and set up your investments in a way that will result in success? Today, Brian explains the maximum drawdown and how that relates to your financial plan. Read more and get additional financial resources here: https://financialplanningva.com/podcast/what-is-your-maximum-drawdown/(opens in a new tab) What we discuss on this episode: 0:13 - Do you have a short memory when it comes to the recession? 2:26 - What is maximum drawdown? 6:26 - The 2008 recession made a lot of people get out of the market. 8:25 - Financial woes can cause a lot of stress.