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Showing posts with label risk. Show all posts
Showing posts with label risk. Show all posts

Sunday, September 11, 2011

512.Risk

If you define risk as the likelihood of an irreversible negative outcome, perhaps the greatest risk of all is inaction. As risk is a 4 letter word ending in k, you should be as risk averse as is compatible with progress. Action may not always bring happiness but there is no happiness without it.

Tuesday, July 26, 2011

479. Become a good Investor

Keep your earned money secure by converting it into property and shares that will become assets to return income to you. It is your responsibility to determine whether your securities become assets or liabilities. This is called Risk Assessment. Be a good investor not a risky one. There are no risky investments, only risky investors.Rich Dad's Guide to Investing: What the Rich Invest in, That the Poor and the Middle Class Do Not!

Tuesday, July 5, 2011

451. Risk

You can never eliminate risk 100% but by being prepared, you can minimise its impact.

Monday, May 30, 2011

436. Lost Opportunities

Never turn down an opportunity because of unreasonable fears about what might happen. Prudence dictates that we should be cautious but a cool assessment of the risks involved will give you an action plan in case things go wrong.