How do I assess my investment risk?
Assessing investment risk involves evaluating your financial goals, risk tolerance, and the types of investments you're considering.
What factors should I consider when determining my risk tolerance?
You should consider your investment time horizon, financial situation, and emotional comfort with market fluctuations.
Can you explain the different types of investment risks?
Sure! There are several types of risks, including market risk, credit risk, liquidity risk, and interest rate risk.
How can I mitigate these risks?
You can mitigate risks by diversifying your portfolio, investing in low-risk assets, and regularly reviewing your investments.
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