Chris Jones: The unseen risks are the ones that get you

Risk-profiling

clock • 4 min read

Times like these prove that long-term financial plans need long-term risk plans, argues Chris Jones - and it is unexpected risks that catch you out

It's the things that you can't see that get you. There are countless stories of people doing dangerous jobs for years just to meet their end in some domestic or road accident on their day off. If you can see it and understand it then you can focus on it and manage it, particularly if you have the expertise. From an anthropological perspective we are descended from people who returned to things that didn't kill them and avoided things that killed their peers. Hence we learned to fear the unknown and be reassured by the familiar.  Over the last ten years or so the financial media have d...

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