yjssSo, has the time come for such a situation as yet. No. Not at all. But we are getting there somewhat closer every passing month. It could be years before we see some bad situations or we may never even see them in our life times at all. Hopefully so. But does that mean we can party hard and forget the hangover? That would not be prudent.
One of the smartest investor explains the risk management like this. Suppose you have to cross a street every day. Intially, you check out if there are any vehicles approaching, and carefully cross the street. And everytime you find that there are no vehicles approaching, so does that mean the next time you are crossing the street you need not be careful. 'That' crossing perhaps could end up being the last crossing.
So let the party continue, enjoy, just be aware what you have to do, when the party is over.
What should we do? Here I would not like to make any suggestions, for no matter, I am still do not know enough to suggest that. There are many books that deal with these issues, that should help.
PARTY HARD, JUST KEEP YOUR HEAD ON YOUR SHOULDERS.
:) FALKOR
Rich Man's Story:http://surff.blogspot.com/2005_11_20_archive.html
First published: http://surff.blogspot.com/2005/11/rich-mans-story-part-6.html
One of the smartest investor explains the risk management like this. Suppose you have to cross a street every day. Intially, you check out if there are any vehicles approaching, and carefully cross the street. And everytime you find that there are no vehicles approaching, so does that mean the next time you are crossing the street you need not be careful. 'That' crossing perhaps could end up being the last crossing.
So let the party continue, enjoy, just be aware what you have to do, when the party is over.
What should we do? Here I would not like to make any suggestions, for no matter, I am still do not know enough to suggest that. There are many books that deal with these issues, that should help.
PARTY HARD, JUST KEEP YOUR HEAD ON YOUR SHOULDERS.
:) FALKOR
Rich Man's Story:http://surff.blogspot.com/2005_11_20_archive.html
First published: http://surff.blogspot.com/2005/11/rich-mans-story-part-6.html
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