How Do the Rich Really Get Rich? - Experiencing Financial Contentment with Dominique Henderson, CFP® | Get Better Results in Your Life and with Your M...

Podcast Details
Podcast Title:  How Do the Rich Really Get Rich?
Podcast Series: Financial Literacy Boot Camp
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What is Systematic Risk?

So there is a term called systematic risk. And I have to cover this because it will give context on “how you get rich”. Systematic risk is the risk inherent to a “system”. Think of investing in the stock market and the risk that comes with investing in equities.  There are risks inherent to that type of investment that are unavoidable and non-diversifiable. This would be defined as the uncertainty associated with investing in this system.
This is not to be confused with “systemic” risk which is risk similar to the collapse of 2009 where subprime mortgages almost took down the entire --- Send in a voice message: https://anchor.fm/dom-the-maven/message