How Can I Understand Risk?

My Exclusive Free Workshop The Four P’s of Building a Successful Investing Program → Blog: Facebook Public Group: Risk Human beings like to bet on anything that moves. It is possible to bet on the weather, when famous people may die, sporting events, horses, dogs, etc. It is also possible to “bet” on companies. Many people feel that the stock market is just a legalized form of gambling. That can be true, especially when acting on “tips” or some “get-rich-quick” method. Risk Tests There are many “Risk Tests” online that are free. Tests vary from person to person. Also, results will be different for each person. Risk Tolerance can change over time. Market conditions can change. In summary, Risk is fluid and can vary based on the person, current climate, and time horizon. Determining Risk Each person has a risk level. Different peop