Monday, February 7, 2011

But some risks are unacceptable.

But some risks are unacceptable.

Many beginning business people overlook this.
Freedom is so important to them that they’ll run any risk to obtain it.

Like opening up a restaurant without any prior knowledge or experience.

Safer to take the family nest egg to Las Vegas and blow it on one spin of the roulette wheel.

Without knowledge and a workable plan, you are gambling, with little or no chance of success.

Smart investors don’t gamble. They make sure the odds are stacked in their favor. Then they play. They might still lose, but the risk is significantly reduced.

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