Balance Is Important
Hi.
Good morning.
Investing our hard-earned money is buying our future and when it comes to our future we have to take decisions wisely.
But where we are investing that decision is based on the risk we are already taking in our life or profession.
If your profession is not stable and totally depends on external factors then you are already taking a lot of risk hence taking more risk while investing may not be advisable for you.
In such cases, you have to be conservative when it comes to your investments because you may need this money anytime and you cannot afford to lose any bit of it.
For others whose profession gives them stability, then you can take risks with your investments because you have your profession to rely back upon.
Hence, balance is important, know this next time you take any decision to invest.
Regards,
Gurpreet Saluja
Hi, I’m Managing Director at Gurpreet Saluja Financial Services where I help my investors to invest in mutual funds and achieve their financial goals. I’m also a Value Investor and here I write about Personal Finance & Investing.