Investing is managing and improving your personal finances. Since it’s personal finance we are talking about here, understanding yourself and your situation will help you invest your money in a manner that works best for you.
Before you start searching for the best investment options, it’s important to understand your own risk profile otherwise you might jeopardize your goals.
This means that understanding your risk appetite is an important step, without which you might find yourself over or under exposed to risk. If you are not comfortable with the risk level of your investment you will keep acting impulsively and fail to achieve your goals. Read More