The Covestor Long Term Concentrated GARP portfolio had a good month in October. This month I'd like to explain my risk management approach for my Covestor portfolios so let me make clear how I define it.According to Investopedia, risk management is the following:The process of identification, analysis and either acceptance or mitigation of uncertainty in investment decision-making. Essentially, risk management occurs anytime an investor or fund manager analyzes and attempts to quantify the potential for losses in an investment and then takes the appropriate action (or inaction) given their investment objectives and risk tolerance.Given that general guideline, here are the steps I take to try and mitigate risk: First, I have a diversified and fairly concentrated group of holdings in this model. I have no way of knowing for sure, but I believe that diversification of portfolios past 15 holdings leads to the law of diminishing returns so I don’t want to own too many companies.The two lar...
Fortune Senior Editor Nina Easton on the negotiations in Washington and their impact on the markets.
Nick Gillespie weighs in
Republicans offer debt limit increase , end to shutdown
FNC contributor Byron York on Heritage Action giving a pass to GOP members who vote for a clean CR.
Senate shutdown scramble, glitches could derail ObamaCare goals, and Americans are fed up and blame the GOP
Interior Department agrees to let states use their own money to open some parks
Brent oil prices jumped close to $3 per barrel and ended with their largest gain in more than a month on Thursday on growing hope for a deal to extend funding of the...
First Trust Advisors chief economist Brian Wesbury and Charles Payne analyze the GOP's offer to extend the debt - limit for 6 weeks.
Fox News contributor on new hope to avert US default
Developing: A senior Republican aide tells FOX Business that House Republicans will offer the White House a debt-limit increase until Nov. 22.
A week away from the deadline to raise the nation's borrowing limit or risk default, House Republicans look to be coming to the negotiating table with a proposal. Ho...
Following day-long talks with Congressional leaders of both parties, President Obama concluded a meeting with House GOP leaders still no further than where the talks...
Tax increases, spending cuts and a stronger economy nearly sliced America's budget deficit in half in fiscal 2013, lowering it to the lowest level since 2008, Treasu...
Sen. Mark Pryor, (D-Ark.), on the need to reduce government spending.
What did parties agree on?
In a vote of 81 to 18, the Senate on Wednesday evening passed a measure to re-open the partially shutdown government, and raise the debt ceiling, staving off a poten...
There is still no deal in the House as the midnight debt crisis deadline looms. Plus- Who's to blame for GOP fallout?
Political chess game and brinkmanship continue over budget plan and ObamaCare as debt ceiling quickly approaches
Can Senate proposal to end partial government shutdown pass the House? Plus - ObamaCare worse than glitches