Discussion Question of the week: Managing Risk We ali hiawe ritk in our lives. In the book we focused on tisks that could negatively mpact your fintancial plan. Bjt there are nos francial risis as well. Anytime there it an ivent thet cen hart you, and the event it uncertain, these is a risk. And where there is risk, you can use eny or all of the risk managemert otrategies disoussed in the book. For thy discussion board, talk about 4 things: 1. A risk you have been able to avoid. Whats the risk and how are yoe avoiding if 2. A risk you have been abie to teduce. Whath the riak and how have you been able to reduce it 3. A risk you have decided to retain Whatm the rink and what did you do to retain it. irsueance also counts; like extended wamanties on an electronic peoduct, trip insturance on fliph eth. way That part in up to you other type of rik you want Mad at sways, share only as niush us you feel cemfortable, and be ifapectiul to othert Discussion Question of the week: Managing Risk We ali hiawe ritk in our lives. In the book we focused on tisks that could negatively mpact your fintancial plan. Bjt there are nos francial risis as well. Anytime there it an ivent thet cen hart you, and the event it uncertain, these is a risk. And where there is risk, you can use eny or all of the risk managemert otrategies disoussed in the book. For thy discussion board, talk about 4 things: 1. A risk you have been able to avoid. Whats the risk and how are yoe avoiding if 2. A risk you have been abie to teduce. Whath the riak and how have you been able to reduce it 3. A risk you have decided to retain Whatm the rink and what did you do to retain it. irsueance also counts; like extended wamanties on an electronic peoduct, trip insturance on fliph eth. way That part in up to you other type of rik you want Mad at sways, share only as niush us you feel cemfortable, and be ifapectiul to othert