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Risk of Doing Nothing

Without a plan of saving and investing to fight inflation, many people will not have sufficient funds to provide for their children's education and for a comfortable retirement. All too often, the most comfortable path to choose is the one that appears to offer the least resistance. Doing nothing is easy because it doesn't require us to take a risk. The problem is that we get lulled into a false sense of security and don't realize until it's too late. At that point, we are no longer in a position to do much about the problem. The longer you wait, the greater the risk you will have to take to meet your goals, and the greater the risk that you will fail to do so.

More Information

There has been, and will always be, a relationship between the amount of risk you are willing to take and the reward that comes with that risk. This risk/reward equation will be an important consideration in later chapters.



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