REAL ESTATE NEWS

Risk?  

by Mark R Lehmberg  Posted June 15, 2000

In talking to older people I often hear them say that they wish they would have taken more risk over the years.  In reading a recent business magazine I came across an advertisement by AIG which offers some thought about risk.

"THE GREATEST RISK IS NOT TAKING ONE.

They do not write the stories of those who played it safe.  Yet that is what most of us do.  It is inherent in our nature to avoid risk.  From the earliest age there is something that tells us to sidestep danger.  Perhaps because of that, there is also something in us that admires the risk taker, the adventurer, the person with courage to step up to the edge of the precipice and believe that he can make it to the other side.

But it doesn't mean leaping blindly.  You can go after your dream with fiery determination, armed with the confidence of knowing you have chosen a business partner wisely...."

I have often commented that there is a certain risk in getting up in the morning and facing the real world but that there is also a certain risk to your health in staying in bed all day.  There is certain risk in investing in real estate.....But there is also certain risk in leaving your money in bank certificates of deposit. (CD's) with inflation eroding your purchasing power.  What do you think?

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