Will Rogers, the American humorist, when talking about the investment schemes in North America at the time, said “I am less concerned with the return on my money, than I am with the return of my money”. Will was aware of the truth that the higher the potential rates of return on an investment, the greater chance of loss.
The dictionary defines risk as the exposure of someone or something valued to danger, harm or loss. If that something of value is your financial security the question is “How much risk can you tolerate?” The answer to this question for each of us depends on a number of different factors. A few of these are: Read more