In the current landscape where everything from the royal commission findings to US leadership can have a huge impact on the return that an investor can expect, it is safe to say that there is no investment option without some form of risk attached. Philip Ryan, managing director and co-founder of Trilogy Funds, joins hosts David and Lucy to unpack why this risk is a necessary element in any investment and the importance of seeking education surrounding it.
Philip will discuss why diversification is such an important factor to consider and how it can be used as a means of mitigating the amount of risk that an investor could face. He will also explain how the US political sector could impact everything from bank rates to housing prices and even employment rates here in Australia, why mistakes are an important part of the process for any investor, and offer his top tips for new investors wanting to manage risk effectively
Thanks Philip, for sharing your insights with the Nest Egg podcast team!
You can stay up-to-date with what Philip is up to here.