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.
Posted by
Dominic Mulvey
at
3:40 PM
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comments
Labels:
action,
happiness,
inaction,
risk,
risk aversion


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!
Posted by
Dominic Mulvey
at
2:14 PM
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comments
Labels:
assets,
property,
real estate,
risk,
risk assessment,
risky investments,
risky investors,
securities,
security,
shares


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.
Posted by
Dominic Mulvey
at
12:58 PM
0
comments
Labels:
action plan,
assessment,
courage,
failsafe,
fear,
opportunity,
plan B,
prudence,
risk


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