I was speaking to some friends about risk when it came to finances and they just seemed so oblivious to the multiple aspects of Risk.
When I tried to explain to them that risk was in more than just how far your money could go down, they looked at me like I was from a different plannet. I tried to explain how we are affected by risk from the market and the gov't, etc. but nothing took. Alas, some people are not going to get it. In their defense, it can be a hard topic.
I ran accross a post that I thought did a good job explaining the multiple risk factors. Check it out.
Generation X Finance
Track back and tell me what you think.