While you can limit your risk through careful planning and by paying attention to details, you don't want to focus on reducing the risk level too much. Without any risk, there's probably no real profit either. All in all, it comes down to a matter of riches versus wealth. Once, I thought they were the same thing. It took me years to realize that they were not.
Riches are an accumulation of cash and things of no value to anyone.
Wealth is freedom of mobility and freedom of choice. May you always be wealthy Mike. All Rights Reserved.