Do you take risk while investing?
- Thread starter Enxx
- Start date
All investments involve risk. The amount of risk you take depends on your risk appetite. For me, I am a conservative investor. Although taking high risks may lead to getting better return, I cannot afford to lose most of my invested money. I prefer taking low risk to get moderate return.
My risk tolerance his grown as I have had great success at developing a plan to navigate around it. Simply stated it is use free money to start and as it grows beyond your initial investment start withdrawing part of your profits. When you reach balance between the two, risk will vanish.
Indeed, before taking any risk make sure it is worth it and not just worth it but it should be something you can manage or handle incase things do not go as planned in the end.
All types of investments involve some risk. For this reason, it is wise to invest only what we can afford to lose. In this way, we can be safe.
Yesh there's is no way of investing without taking some amount of risk you would need to know the risk involved in an investment though before investing so that you wouldn't be too much into debt.
Business and investment will always have risks, and each investment instrument has a different level of risk as well as a different rate of return, so before doing business you must first be able to process and manage risk, so you can minimize risk.
It is important to make an investigation
The only time I can day that investigation is not needed is when you were introduced to the platform by someone you trust. You still need to verify it though
