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Move from being risk averse to risk awareBalaji Rao, Bangalore

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Key Take-Aways
  • Culturally, we are taught to be risk averse and invest in products like FD and gold where the intention is to preserve capital.

  • Understand there is a difference between risk averse and risk aware.

  • With risk aware, investors know that no risk can be avoided and make contigency plans to manage risk. It is like taking an umbrella with you during rainy season.

  • Being risk aware will help investors buy the right products and create wealth.

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