Hello,
The topic is an important and serious question in today's Multiple Investment Oriented Financial Market.
The conservatism or Risk taking is with respect to rate of Returns and where exactly our invested amounts are invested (dynamic equity markets or risk free or less volatile funds or bonds)
The volatility of markets makes an investment risky or non risky.
The following factors will help you understand when to Opt Conservative / risk free and Risky or High returns Investment Options :-
# Your age matters
# Your Current Financial health and Capacity to Generate Returns / Gains
# Your Short, Medium and Long - Term Goals with respect to Family Goals, Financial Goals
# Your Lifestyle
# Current and Future Economic Status of the Country you live in and are invested in
# Your own Nature of being Conservative or A Risk Taker always in every facet of life#
# Your knowledge about Investments
# How sound and smart is your Financial Advisor or Wealth Planner or CA
These are some of the points I have put across for you to make your decisions. They are on the basis of my learnings and experiences...
Hope, it was informative blog.. Enjoy and Stay Healthy, Wealthy and Wise Always....
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