People fear failure so they do nothing and fail anyway. By doing nothing they actually achieve what it is that they fear the most. That s a very disempowering process. If you fall down, we ll pick you up, dust you off and keep coaching you until you can do things effectively. Risk for me has nothing to do with return.
Risk has everything to do with the probabilities of making incorrect financial choices.
Most people have a high probability of making incorrect financial choices because they lack knowledge. If you go into the market place with a low knowledge base you are taking an extremely high risk no matter what your strategy is. If you go into the market place with a high degree of knowledge then you lower your probabilities of making incorrect financial choices. Risk has everything to do with knowledge, not returns. When I started I decided to learn everything I could about shares, real estate, conditioning and my own personal psychology.