Thank you all very much for acknowledging my first article on the subject and for penning your valuable opinion.
After posting the first part of this article, I felt compelled to follow-up with my thoughts.
There are risks in everything we do every day of our lives. From trusting that some lunatic have not poisoned our drinking water supply to trusting that taxi driver/train driver/airline pilot/ship captain is not a psychopath.
We take on insurance policies trusting that we will get paid for any eventualities….or our money are safe with the bank and will be available whenever we want to withdraw them….or that the pieces of paper we called “money”, which majority of us worked so hard to acquire, will continue to be accepted for the goods & things that we need and want.
These common examples are all built on trust and are risks no matter how we look at them.
In buying (investing) in stocks, we hope they will appreciate in time to make us profits on our investment, but at the same time, we also know these stocks can depreciate for some reasons and we can loss our investment. Yet the risk is acceptable to us “investor” and we like to call them “calculated risks” to make our investment…