Most of us naturally like to avoid risks when we can; however, risk is a part of life. There are some risks we should avoid completely. Others we should prepare for, and there are risks that should actually be embraced.
Risks such as trying to beat the yellow light through an intersection, smoking cigarettes, or not locking your doors should be eliminated from our lives. It costs nothing to eliminate these risks, and there is virtually no reward for accepting the risk. You can only evaluate a risk against the possible upside potential for taking the risk.
If you are a prudent investor, you are accepting a certain amount of risk. As long as the potential profit is in line with the risk you’re taking, it is the mark of a quality investment. If you do not accept any investment risk, you are risking the fact that inflation throughout your working life will not erode your savings. As this is a virtual certainty, the riskiest thing you can do is to not accept a certain amount of investment risk.
هذه القصة مأخوذة من طبعة November 2018 من SME Magazine Singapore.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة November 2018 من SME Magazine Singapore.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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