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The Risk to Watch

Home » Windward Passages » The Risk to Watch

The Risk to Watch

Posted on: June 6, 2016

Author: Darrell R. Tierney CFP® CPA PFS

I came across this quote, and I really don’t think it could be said any better:

Those who judge their portfolio performance relative to some narrow benchmark are focusing on an issue that is largely irrelevant to their ultimate financial success.  The only benchmark that you should care about is one that indicates whether or not you’re on track to accomplish your financial goals.

Risk is measured as the probability that you won’t meet your financial goal.  Investing should have the exclusive objective of minimizing this risk.


From the book “Adaptive Asset Allocation” by Butler, Phillbrick and Gordillio, quoted by Ben Carlson in his posting “Your True Risk.”

At Windward, this means every portfolio is based on a plan. I can’t think of a better way to judge your advisor’s value and to know if your portfolio is on track.

This blog is provided by Windward Private Wealth Management Inc. (“Windward” or the “Firm”) for informational purposes only. Investing involves the risk of loss and investors should be prepared to bear potential losses. No portion of this blog is to be construed as a solicitation to buy or sell a security or the provision of personalized investment, tax or legal advice. Certain information contained in the individual blog posts will be derived from sources that Windward believes to be reliable; however, the Firm does not guarantee the accuracy or timeliness of such information and assumes no liability for any resulting damages.

Windward is an SEC registered investment adviser. The Firm may only provide services in those states in which it is notice filed or qualifies for a corresponding exemption from such requirements. For information about Windward’ registration status and business operations, please consult the Firm’s Form ADV disclosure documents, the most recent versions of which are available on the SEC’s Investment Adviser Public Disclosure website at www.adviserinfo.sec.gov.

Filed Under: Building Wealth, Financially Independent, Getting Started, Investment Planning, Leaving a Legacy, Recent Posts

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Windward Private Wealth Management Inc. is an SEC registered investment advisor. Past performance is no guarantee of future results. All securities involve risk and may result in a loss. *We do not provide legal services. These services are rendered at client request in coordination with legal counsel. Legal services will be billed by the provider and are separate from our fees. We do not sell insurance products. These products may be purchased at client request in coordination with insurance agents. Insurance agents are responsible for recommendation of all insurance products. Windward does not guarantee the performance of any insurance product purchased.
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