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Making Investment Decisions - taking risk into account Exposure to risk is a central element of investment decisions. Knowing this, the next step is to work out your personal attitude to risk. Let’s get real, getting rich requires persistence and patience to achieve our goals. The desire for ‘quick’ returns on the share market is like the hare in the children’s story the “tortoise and the hare”. The hare is impatient & willing to take unnecessary risks to win the race. The tortoise is happy to plod along at a steady pace—if you stick to your strategy, you will achieve great returns. Taking too much risk, could turn pear shaped like it did for the tortoise. However you invest though, make sure you have a plan and your strategy is in line with your risk tolerance. Click here to view.
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