When it comes to investing your money, there’s always a risk.
In some cases, risk is minimal, other investments might be incredibly risky.
Determine how much you’re willing to risk before you invest.
Risk tolerance assessment is a key step in setting up an investment portfolio.
As Daily Worth explains, there’s always a chance that your investments could lose value.
Some amount of loss is acceptable (and even expected, as investments tend to fluctuate over time).
Even if you’re young and have a long-term horizon, you may not necessarily be comfortable investing aggressively.
The important thing is that you have a well-defined tolerance level and stick with it.
Do You Look Before You Leap?| Daily Worth