That is why it is always said that behind a big risk there is always the potential for much bigger profits. And successful people are those who are always brave in taking risks. But taking risks is also done after going through a process of careful analysis or consideration. Because after all, wise decisions will bring good results. That is the important role of analysis. so that you can see the potential behind the risks and so that you can minimize the risks that will be taken.
The word brave is different from the word reckless. And what we have to take is to be brave and not reckless.
Both investing more and taking fewer risks can be effective strategies for achieving good returns, but the effectiveness depends on various factors including individual goals, risk tolerance, investment horizon, and market conditions. Taking fewer risks typically involves investing in assets or strategies that offer more stability and predictability. While lower-risk investments may offer lower returns compared to riskier investments, they can provide a more consistent and steady stream of income over time. This can be particularly appealing for investors who prioritize capital preservation and are less comfortable with market volatility. Also, investing more money can potentially lead to higher returns, especially if invested wisely in assets that have the potential for growth over time. By increasing the amount invested, you can take advantage of compounding returns and potentially earn higher profits in the long run.
Both investing more and taking fewer risks can be effective strategies for achieving good returns, but it's essential to strike the right balance based on your individual circumstances and financial objectives. Consider consulting with a financial advisor to develop a personalized investment plan that aligns with your goals and risk tolerance. But one should never ever forget that learning through struggles and taking risks is natural for us and we have grown up by struggling right from our birth. We were born through struggle, a struggle by our mother and ourselves for coming out of our mother’s womb, a struggle for trying to walk, a struggle for trying to express our feelings through language, or a struggle for learning to bicycle. Remember what made you and people around you much happier - are the moments you achieved something out of struggle. Taking Risks and Experimenting is not a skill to be learnt, It is a skill not to be forgotten.