It is important to not take more risk than you need to. It is also good to understand psychology weaknesses, especially among men. The emphasis on the book is safety. Following the content will keep you with investments that lose minimal value in a down market, yet do not gain very much in a bull market. The principles do not exclude high risk investments. However, these are treated as "gambles" that can only be taken on with money that can be afforded to be lost.
Sunday, January 26, 2020
The Little Book of Safe Money: How to Conquer Killer Markets, Con Artists, and Yourself
It is important to not take more risk than you need to. It is also good to understand psychology weaknesses, especially among men. The emphasis on the book is safety. Following the content will keep you with investments that lose minimal value in a down market, yet do not gain very much in a bull market. The principles do not exclude high risk investments. However, these are treated as "gambles" that can only be taken on with money that can be afforded to be lost.
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