To Dare Mighty Things Means to Take Risks

When it comes to investing, there are no guarantees and nothing is ever completely risk free. Really.can.

If you choose to invest, at some point you have to expose yourself to some kind of risk. The good news is that you get to choose. And it is your choice. Own it. The rich own you and you do not own. Authorized funds to be sent to you, you make choices to invest. It may be good, it can be very good, if not it could be good, and on occasion it can be a great disaster!

Nobody has a crystal ball.The only way to grow is to learn from our mistakes and missteps. Sometimes we have something (like a guarantee) warning sign that we badly that, on hindsight, there was a face staring in from the start, many of us want to ignore. Sometimes unexpected variables come into play. Sometimes things just do not pan out as projected.

Get yourself a bad (and certainly not your broker is not green!) Call it is impossible to completely eliminate your mistakes as it is impossible to completely eliminate the risk Do not.

Read, read, read ... And then read some more! Every investment or project or in a private placement read every word on every page of every document. Before choosing in. Make sure you (including risk) understand all of the

Beware guarantee. Immediate red flag "any guarantee for thorough testing and further research. Seriously. You always prepare for a worst-case scenario, including a total loss of capital, is required.

Check those out. To people or a project can break no matter how great the idea. Follow the lead and money (salaries, distribution and profit structures) follow. The good ones put their investors first.

Document everything. Signed all the paperwork, documents, keep copies of information and communication. After phone call with a summary email of details to track the way a great conversation. Documents date back to the simple description (especially time) to make the reference.

Learn. Investment or project to pinpoint the right to review and / or what had gone wrong. Fair a success or a failure or being able to identify elements of the activities you apply that knowledge to future projects that will help. If you find yourself emotionally, are too busy pointing fingers and blaming everyone (including myself) to learn and experience so you are not able to grow.

The next time you get a chance to read or listen to the biography of someone you admire. Chances are they just as many failures as successes are experienced. Is it wrong to everyone, even professionals, are especially professionals if you consider the amount and number of transactions handled. You visit once a year and never run into any problems, but if you fly once or twice a month, chances are


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