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Risk and reward
How do you strike a balance between risk and reward when making financial decisions for your ventures?
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3 Replies
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Finding the balance between risk and reward in financial decisions is key. It involves conducting thorough research, analyzing potential outcomes, and weighing the potential gains against the associated risks. It’s about making informed decisions that align with your goals and risk tolerance while keeping an eye on the potential rewards that can propel your ventures forward.
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what is the risk? find out this first before making decisions. and ask yourself if that happens how your life will be.
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@PrivateMortgageswithMurat that is a great question for people to ask themself.
The riskest strategy I would say is flipping and small developments and the least is a buy and hold.
What strategies are you contemplating?
I’m curious to hear what makes a deal a make it or break it in the real estate strategies your in? @zoryabelanger @ElizabethKelly @Ally @Catherineoneill416 @Kazi.Haque @Theandinvestments @Pawel-Blazejewicz @Money_Man @Suman.Chakraborty
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