This type of investor should clearly treat volatility as a risk, since a more volatile return stream is likely to result in a
worse actual
financial outcome, whether it should do so in theory or not.
But what we do know is that if there is a «
bad»
outcome, the larger the amount of eurozone debt that goes into default, the more damaging for the world economy and
financial system it will be.
Consolidating debt is usually one of your first lines of defense against the
bad outcomes of severe
financial distress, but can the solution also cause any delay to achieving your future goals?
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