Finance expert talks about understanding risk and how to manage it

By: CBS 58 Newsroom

Posted: Jan 25, 2021 8:05 AM CST

NOW: Finance expert talks about understanding risk and how to manage it

(CBS 58) – When investing in the stock market or saving for retirement in a 401K, there are inherent risks.

Certified financial planner Tony Drake joined CBS 58 to talk about understanding risk and how to manage it.

Drake suggests dialing back risk with age, having a purpose and creating a plan.