Wall Street Journal Articles
The reason people assume the risks of investing in the first place is the prospect of achieving a higher rate of return than is attainable in a risk free environment...i.e., an FDIC insured bank account. Risk comes in various forms, but the average investor's primary concerns are "credit" and "market" risk... particularly when it comes to investing for income. An Emergency Fund: Your First Line of Defense Downsizing, rightsizing, forced retirement, layoffs, firings, outsourcing, and being made redundant. All could mean the same thing to you: financial catastrophe. No, you may not have to declare bankruptcy or move back in with your parents, but losing your job could put a big dent in your financial goals and even set you back several years. You may need to live on your savings or liquidate some of your investments. One of the Wisest Investments You'll Ever Make If you think this is about stocks, bonds, real estate, gold, jewels, etc., you're wrong! All of these can be good
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