Danielle Park - How Much Risk Can You Tolerate? #4478
Everything in life involves risk. Recognizing it and learning to manage it is the key to investment survival in the current market. It's when you're engaging in high risk investing, without recognizing it, that you can really get hurt. Unfortunately, in today's financial system, there are no accurate indicators or risk disclosures. That's why you need to find sources outside the system to learn how to assess and manage your risk. Remember what Bernard Baruch (one of the most successful investors of all time) said, "I got rich letting the other guy make the last 10 percent."