59) Danger is real, Fear is a choice in Investment
From the movie "After Earth" released in 2013.
Cypher Raige is telling his son, Kitai.
"Fear is not real. The only place that fear can exist is in our thoughts of the future. It is a product of our imagination, causing us to fear things that do not at present and may not ever exist. That is near insanity Kitai. Do not misunderstand me, danger is very real, but fear is a choice.We are all telling ourselves a story "
In the same
way, the danger (risk) of investment is real.
However, do not let the risk makes you fear to invest. If you manage your portfolio and are well diversified, the risk can be reduced.
Do look into more details of the investment.
Weigh the risk vs rewards of investment.
There won't be any reward if there is no risk.
You will normally get low reward for the low risk taken.
You will normally get higher reward for the higher risk taken.
If you had not taken any risk, you had also missed the opportunity to invest and get a higher return for your investment.
Don't let the fear of previous loss experience or stories of others, make you stop from taking investment risks. Make the right choice to learn more about investments and managed a better portfolio.
Even the best investors lost money many times before. But that did not stop them from becoming a smarter investor. Learn from your past experience and improve on your strategy.
#highlevelrules
However, do not let the risk makes you fear to invest. If you manage your portfolio and are well diversified, the risk can be reduced.
Do look into more details of the investment.
Weigh the risk vs rewards of investment.
There won't be any reward if there is no risk.
You will normally get low reward for the low risk taken.
You will normally get higher reward for the higher risk taken.
If you had not taken any risk, you had also missed the opportunity to invest and get a higher return for your investment.
Don't let the fear of previous loss experience or stories of others, make you stop from taking investment risks. Make the right choice to learn more about investments and managed a better portfolio.
Even the best investors lost money many times before. But that did not stop them from becoming a smarter investor. Learn from your past experience and improve on your strategy.
#highlevelrules
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