A Quick Fable
Aesop tells the story of a miser who loved his gold so much that one day, he melted it...
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Steve got a substantial raise and needs to decide how much he should put aside towards investments each month....
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Taylor is a true believer in a certain brand of smart phones. In fact, she loves the smart phones so much, that she also bought the company’s computer, and tablet. Each year, she waits in line to get the latest technology upgrades. Because Taylor loves this company, and believes that it will continue to create top quality products for the foreseeable future, she will never buy another brand....
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Intelligent investors must understand how much risk they can tolerate and how much risk they are exposed to create a strong portfolio. To decide what kind of risk tolerance she has, she can start by asking herself these three questions...
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