VOLATILITY VS. RISK
FROM BALTIMORE WASHINGTON FINANCIAL ADVISORS
with Sandy Hornor | CEPS
Managing Director, Wealth Management & Executive Manager, BWFA
Episode Details:
Volatility and risk are not the same, and misunderstanding the difference can derail your investment strategy.
In this timely episode of Healthy, Wealthy & Wise, BWFA’s Sandy Hornor explains why market swings (volatility) should be expected and even welcomed, while risk—the permanent loss of capital—is what truly threatens long-term financial health. Sandy breaks down the various types of financial risk, including credit and interest rate risk, liquidity, currency, and systemic risk.
You’ll also hear how investors often misjudge their capacity versus their willingness to tolerate risk. Are you chasing returns but not positioned to handle the downside? Do you have concentrated holdings that could create hidden vulnerabilities? This episode explores those questions and more, offering a framework to help align your investment decisions with your real-life goals and risk tolerance.
Whether you’re navigating a volatile 2025 or want more peace of mind in your financial life, this episode will help you think clearly about where your true exposure lies—and how to protect yourself from it. Perfect for both experienced investors and those new to portfolio strategy.
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