How to manage risk in Investing
Managing risk in investing is an essential part of achieving long-term financial success. Here are some strategies for managing risk in your investment portfolio: 1. Diversification: One of the most effective ways to manage risk is to diversify your portfolio. Diversification means investing in a variety of assets, such as stocks, bonds, real estate, and commodities. This way, if one asset class performs poorly, the others may offset the loss. 2. Asset Allocation: Another…