3 Ways To Reduce Financial Risk
Interest rates, wars, and economic recession may factor into systematic risk. Systematic risk can be buffered by hedging. Non-systematic risk is also known as “unique risk” because it applies to one company. In general, the more risk you take on as a part of your financial investments, the more profit you stand to gain. Because you can’t predict when these gains will occur, however, careful planning is required to know how much risk you can afford....