What is your appetite for risk?
Some people may find sky diving thrilling; others would rather keep their feet on the ground. The difference between these individuals is quite likely their attitude towards risk – how willing they are to jump out of an airplane for an unforgettable thrill.
It is much the same when it comes to investing. Your attitude with respect to the potential of losing money and your ability to absorb a financial loss can be very different.
Read more about the importance of knowing your tolerance for risk in your investment portfolio. If you'd like to discuss anything in here in detail, feel free to give me a call.