S3 EP 205: Managing Investment Risk with Chris Naghibi

"To me, if you're a risk adverse person, I tend to go with the mindset that every piece of real estate that I buy needs to be cash flowing when I buy it with the financing that's in place. If you're a flipper or somebody buying with an equity upside play, I can appreciate and respect all that. But going into this uncharted, unprecedented environment, I'm personally not willing to take the risk of an upside rental potential." Everyone has their own risk tolerance. While some investors look for higher risk options that return higher rewards, others turn to more conservative investments that have reduced risk, but lower or slower rewards. Especially in a real estate market performing like we've never witnessed before, it is essential to be aware of potential risks that come with investing. This week, my guest Chris Naghibi and I discuss which asset classes have been the most resilient during the pandemic, strategies to mitigate risks, and the balance between risk taking and remaining conservative. Key Takeaway: Before investing in an asset, risk evaluation should be a main consideration to ensure you're adhering to your risk tolerance and investing criteria. How To Contact Chris Naghibi: Website: Social Media: @ChrisNaghibi Production Credits: Featuring: Ellie Perlman Strategy: Jeannette Robinson Digital Editing: Brenna Shelton Audio Editing: WEP (We Edit Podcasts) Featured Guest: Chris Naghibi Learn more about your ad choices. Visit megaphone.fm/adchoices