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Choose investments based on risk tolerance from "summary" of A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing (Twelfth Edition) by Burton G. Malkiel
When it comes to investing, one of the most important factors to consider is your risk tolerance. This refers to your ability to handle fluctuations in the value of your investments without becoming too anxious or making impulsive decisions. The key to successful investing is to choose investments that align with your risk tolerance. If you have a low risk tolerance, you may feel uncomfortable with the idea of your investments experiencing significant ups and downs. In this case, you may want to focus on investments that are more stable and less likely to lose value. This could include bonds, money market funds, or other conservative investments. While these types of investments may not offer the highest potential returns, they can provide a sense of security and peace of min...
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