What is the difference between risky and safe investments?
Risky investments typically offer higher potential returns but come with a greater chance of loss, while safe investments are more stable but usually yield lower returns.
Can you give me examples of each type?
Sure! Risky investments include stocks, cryptocurrencies, and startups. Safe investments include bonds, savings accounts, and blue-chip stocks.
How do I decide which type to invest in?
It depends on your financial goals, risk tolerance, and investment timeline. Assess your comfort with potential losses.
What are the risks of investing in stocks?
Investing in stocks can lead to significant losses due to market volatility, economic downturns, and company performance issues.
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