Risk is not a simple entity, it comes in many flavours, and requires respect and consideration even when you least expect. If one was to try ‘totally avoid’ risk in their market endeavours they would most likely just be holding cash – where are the returns in that?
The truth is that in almost all circumstances one must take at least some form of risk to have the chance of potentially generating returns. Let’s face it, you’ve got to crack some eggs to make an omelette!
Those, including myself, who have experienced first hand what it is like to feel the full effects of taking on too much risk, will most likely find it a life changing experience. You will either withdraw your remaining investments and consider other ventures, or you will revisit your mistakes with single goal; of never ending up in a similar situation again. Read more