Saturday, 2 July 2011

Six methods to reduce your investment risk
(Part 8 of 8)


The essential principles of risk reduction will not provide you absolute protection, but they can help you keep your losses to a minimum. Whatever your strategy, check facts for yourself and never trust anybody blindly.

Times of economic adversity are often the best to rebuild an investment portfolio. As Lao-Tzu observed twenty-six centuries ago: "Truth is often paradoxical. Don't make the mistake of believing that you know what you don't know."

Making risk reduction a part of your financial plan can help preserve your peace of mind as much as your savings.

[Text: http://johnvespasian.blogspot.com]

[Image by FreeCat under Creative Commons Attribution License. See the license terms under http://creativecommons.org/licenses/by/3.0/us]

No comments:

Post a Comment

Note: only a member of this blog may post a comment.