Read? Minimise risk by picking the rider who is more likely be cautious
I was asking my married colleague who have young kids why he is still riding motor-bike?
It is common folks wisdom that riding on motor-bike that does not support by itself on two wheels is a dangerous act to perform on the road. Most of the time, motor-bike riders got killed not due to their own mistakes but due to other road users' mistakes. My colleague replied that he is very careful and confident; and he thinks that he handles his bike well and feel safe. One can feel safe but that doesn't really take away any risks. Absolutely nothing!
Same as investing in stocks. There are some common folks wisdom on risks like speculating heavily on S-chips; investing heavily into one counter or one sector, or using highly leveraged instruments to speculate to become rich faster. So are you motor-bike rider in the stock market?
A Chasing Sunsets Fund – A Better Way to Plan Nice-to-Haves in Financial
Independence.
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One of the spending needs that many of you would consider as part of the
income needs for your financial independence (FI) or FIRE, is to have
enough mon...
1 day ago
Looks like i am. But occasionally i will dabble in Car and Lorry. :P
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