How To Get The Highest Returns | Erik Averill, Brandon Averill | AWM Insights #13

What should we be doing with our money right now? Over the last few weeks, we've covered topics that we've been asked about from our clients on real estate, private markets, and more. We've also been asked if now is a good time to consider cryptocurrency. However, these might be the wrong questions, at least in starting the conversation. Instead, we should start with our overall money goals - what do you want your money to do for you?The answer to this question helps us to determine an appropriate level of risk to work toward achieving the returns that would help us accomplish our money goals. In this episode, Erik and Brandon discuss this idea and cover topics and questions like:How do you actually define investment risk?What is the framework for determining how much risk you can handle?Why saying you want all the return but none of the risk does not work.Understanding the relationship between risk and return.Cutting out unnecessary risk.The impact of diversification on risk.