money money money tii: how to get comfortable with investing risk
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Jul 10, 2025 Discover how to embrace investing risk with a solid foundation of education and experience. Uncover the benefits of diversification by mixing assets like shares, property, and infrastructure for a more balanced portfolio. Emphasize the importance of a long-term mindset to weather market fluctuations without anxiety. Personalized financial advice can also play a vital role in crafting an effective strategy. Gain confidence in your investment journey!
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Everyday Risk Taking
- Crossing the road before the pedestrian light turns green is risky but common.
- People do it because they understand traffic patterns and have secondhand knowledge about the risk.
Investing Is Not Gambling
- Investing is often mistaken for gambling but fundamentally differs because it's buying into companies that generate income.
- Education about how markets and companies work is key to distinguishing investing from gambling.
Secure Finances Before Investing
- Build a budget, spend less than you earn, and have an emergency fund before investing.
- Avoid the psychological pain of withdrawing investments in a crisis by securing financial basics first.