Protect your wealth

Ok, you need to measure risk.

But first, we need to assume that our mind is constantly trying to keep us entertained; with what’s going on and what our memories recall.

So it can be silly, but we generally take each day as the previous day, week, month… for most, it could be an infinite groundhog day.

Let’s assume we want to eliminate this illusion by understanding that each moment is new and can do what we want with it, but we are responsible for our intentions.

That alone shows us that nothing is genuinely predictable here.

All right, now, let’s switch our conversation to the corporate, business, financial, and investing world.

We can try to predict, but we will never be sure until time comes and we take a look at how we’ve done from what we expected.

If you don’t know anything about the actual future, I suppose no one knows it, and most everyone is trying to figure it out. However, some are playing a very risky game of changing their behavior just when things are out of control.

The day after the crisis is too late to think about your portfolio, no?

We must learn daily.

We must be open to the new daily.

These times that we are passing are showing us that the unexpected can be expected…

It sounds weird again… but if you get it, you will think twice about following investing tips ideas, business ideas and event travel, and health ideas from others just because they don’t have the same clue as us of what is important to us, only.

Let us also assume that if you invest and don’t have a margin of safety or protection, you are exposed to the subsequent tsunami, war, Vulcan, or at least a financial crisis.

My advice is to watch your actions but rationalize what is essential to you… What can you lose? What can you not? Then do your best to make safe preventions, safety margin, protection, diversification, not diworsification, and expect the unexpected. It’s the most accurate way you can’t be caught in lousy acting regarding your life choices.

Stay tuned.

Regards,

Marcelo

P.S.: Upgrade your plan to next year full covered.

About the author: Marcelo Marini Studant PRO

Corporate Finance Specialist, CEO, and author of the Marcelo Marini Diary, 7 Pillars to Wealth Mastery, The Factual Money Newsletter, and Podcasts. His thoughts and teachings are followed in North America, South America, and Europe.
To the full experience, become a member.

Read Marcelo Marini's Diary:
https://factual.money/marcelo-marini-dairy/

Get our articles delivered to your inbox:
https://factual.money/subscribe/