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Question - Risk and Risk Avoidance
In investments, higher risk may provide higher returns. It is interesting how people have different comfort levels taking risk. Please consider your own comfort with taking risks; are you a person who is willing to take a risk in order to earn a higher level of return on an investment?
Directions: Answer thoroughly with a comprehensive response.
Context Link: https://saylordotorg.github.io/text_personal-finance/s08-evaluating-choices-time-risk-a.html
[Brainliest toward whoever responds comprehensively with complete coherent sentences. Thank you. I appreciate it.]
Taking risks is only needed when it's necessary or a smart move. If I know I will benefit from a risky choice then I will have more obligation to take it. Rather than if I knew I could loose a lot more than I could gain then I would wait for a better opportunity.
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