Shaf
Verified member
You may have worked for a while to accumulate some money, and now, you want to invest it. However, you are scared of doing so because of the risks involved, especially the risk of loosing it all.
If you want to become an investor, it will be helpful to understand the risks you will face and how to overcome them to become successful.
The first risk is that of loosing your money, and that cannot be eliminated completely, unfortunately. You can only try to do the best on your own part, while managing any challenges that come up.
Another risk is that you become over confident, or under confident. This can make you risk your money by selling too early or too late.
There are also risk that are specific to the type of investment you choose, which can be financial, legislative or even emotional.
If you want to become an investor, it will be helpful to understand the risks you will face and how to overcome them to become successful.
The first risk is that of loosing your money, and that cannot be eliminated completely, unfortunately. You can only try to do the best on your own part, while managing any challenges that come up.
Another risk is that you become over confident, or under confident. This can make you risk your money by selling too early or too late.
There are also risk that are specific to the type of investment you choose, which can be financial, legislative or even emotional.