Media advice can be misleading because they invariably
disregard individual circumstances, such as the investor’s age and
ability to take risks.
You
can afford to take losses in your youth when you have time to recoup
any errors; those you cannot afford when you are older or retired.
Investors
must also consider risk by taking into account their knowledge of the
securities markets and other distinctive personal situations; also age, number of dependents, financial status and
investing-comfort.
Therefore,
much media advice and commentary is universally misused. (See the Earl J. Weinreb NewsHole® comments and
@BusinessNewshole tweets.)
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