For those who profit with stocks, crypto and other assets as other means of income. The most common regret is not having started earlier. Time spent idle could translate to opportunities missed.
There are some who believe the biggest danger is taking a chance. They play it safe. Not realizing not taking risks, could be the biggest risk of all.
Please share what you believe to be the biggest risks in finance.
I think one of the biggest risks in finance is overexposure to one investment class or asset. Diversification is key to mitigating risk and ensuring a more stable portfolio. Additionally, taking on too much debt or failing to plan for emergencies can lead to financial stress and instability.
Well, here it is very important to have a strong understanding of personal finance and to avoid making impulsive or emotional decisions especially when trading, I will give a small example. Look at the reality today, many enter the market using payday money at the beginning of the month in hopes of getting a passive income. increase. but what happens buy high sell cheap. financial regrets.