Friday 30 October 2020

Risk or Hoard?

So, I have been saving like I always do, yet I am still more concerned about the future than I have been in a while.

I am trying to be pragmatic and keep going with my plan, but there is always that sense of doubt with regards to what the future holds.

None of us can know what the future holds, but we can do our best to prepare for it.

The trouble is . . . how does one do that exactly?

The best I can think of is to diversify my investments and hope for the best. 

Which is pretty much what I have done and I am continuing to do.

Though, with the state of the world, there is the temptation to stuff cash under my mattress as it were.

Yet, cash under the mattress does not earn interest or dividends, does it?

So you can either get out there and take a risk, or hide out and hoard your cash.

As pragmatic as one can be, investing is always a risk, even in good times it is a risk. I will take as cautious a risk as I can . . . so I can build for my future.

As always: Keep your head up, your attitude positive, and keep moving forward!

No comments:

Post a Comment