Hi folks and welcome to the Meaningful Money Podcast this is season 18 episode 7 the ultimate guide to risk.

This is the podcast dedicated to helping you put your finances in order.

My name is Pete Matthew and I'm going to share with you everything you need to know and

everything you need to do to

secure your financial future. I'm here to have you with me. Thank you so much for joining me.

Now risk is a constant presence in our lives and in our wealth building efforts.

But what is it really? What is risk?

You know, how can we be aware of it? Should we avoid risk or should we harness it. So what's to talk about

in today's ultimate guide to risk? As usual, after the main body of the show, I'll look at a

review that's been left and now I'm so we're going to be

talking about next week but before any of that this podcast continues to be brought

to you with the help of my friends at 7 Investment Management they've been

helping me out here on me for money since the spring of 2011, approaching 10 years,

amazing. So thank you to them. Do check out what they're up to. They're at 7I.m.

C. that's the number 7-I.M. dot-co. UK. Do go check them out and say thank you for me.

Okay, so risk is misunderstood and very often incorrectly feared or at best

avoided.

Today I want to focus on the risks that you really need to be aware of and you might be surprised

with some of the things that I say or you might not.

If you've been listening for a while you probably won't.

This is not quite such a long session as the last couple of weeks.

There's no workbook really today because it's a little bit more theoretical, but hopefully

...