The financial media keeps harping on investment risk and how to avoid it. Every investor wants to eliminate risk, even when foolish enough to buy a lottery ticket where the odds are as slim as being hit by lightning.
But the truth is, every investment and every savings plan has some measure of risk exposure. Placing all your funds in a mattress is perilous because of certain future inflation. There is thus always some measure of uncertainty in every investment,
You do have to consider speculative hazards in the context of family finances, commitments and responsibilities. (See the Earl J. Weinreb NewsHole® comments.)
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