Let's be clear: "Risk" is the possibility that you will need money but don't have it. That could be due to a plunge in the value of your investment portfolio. Or, because your investments are not very liquid, which means you could not turn them into cash quickly and easily.
Let's be clear: "Risk" is the possibility that you will need money but don't have it. That could be due to a plunge in the value of your investment portfolio. Or, because your investments are not very liquid, which means you could not turn them into cash quickly and easily.
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