Risks of Investing and Age

You can take more investing risks when you are young because there’s

more time to recoup your errors. But If you lose a big chunk of capital, it still sets you back a good deal.

Yes, it is better to lose chunks of capital at age 30 than when you’re 60, or older. Nevertheless, look at a compound interest table, and see what happens to any amount of principal, when you lose a large sum early on.

                       

Therefore, it’s essential that investment risks always be a concern in your planning.(See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)