Setting Up Your New Year Investment Plan
She's On The Money
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What Are Hygiene Points Before Setting Up an Investment Plan?
The first thing we're going to do is understand risk so i know i harp on about this all the time but even if you already have done your risk profile now's the time to do it again. An investment risk is basically the likelihood that you might lose money in something that you've invested. It takes into consideration a whole heap of different things like the market risk, education how old you are what your goals are and puts you in a position where you get a risk profile spat out.
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