Quote:
Originally Posted by constantlylearning
Fair enough.......to each his/her own. Risk versus reward.
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Risks are for those who lack talent, insight, or have true knowledge. Solid planning and then capturing/riding the ebbs & tides. Risk it all? Never. Know what you are capable of and make it work; therefore, capturing a market in prime investments are keys to gaining. There is also solid income which must be preserved. Risk is good if one knows what they stand to gain or loose; solid income is the preservation of wealth. Never NEED to sell since markets fluctuate and are risky; long term investments ensure you never loose it all. Ride the waves...

It rains, pours and, droughts just have to forecast the economy well.

Need to know how to gain and what can be lost if forced to sell at a "poor economic". Knowing how to is essential and diversification! Gold remain the standard. Know how to build and have such talents? Capture the market...but be able to hold assets without having to force selling!
