Risk-Taking
To attain any target you have to cross several hurdles. In the same way to build wealth, you need to be willing to take risks. Face every problem that you encounter in enforcing your task. This doesn't mean uncalculated risks. It means weighing all the options and taking calculated risks when appropriate. Consider the example of stock market investors. Initially every investor has a hitch before investing a particular stock, but in the long term the investor enjoys good returns. Those who fear risk altogether end up saving money in accounts that likely lose money to inflation in the long run.
To attain any target you have to cross several hurdles. In the same way to build wealth, you need to be willing to take risks. Face every problem that you encounter in enforcing your task. This doesn't mean uncalculated risks. It means weighing all the options and taking calculated risks when appropriate. Consider the example of stock market investors. Initially every investor has a hitch before investing a particular stock, but in the long term the investor enjoys good returns. Those who fear risk altogether end up saving money in accounts that likely lose money to inflation in the long run.
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