2:49 AM
Aniket Kumar
Depending what age you start your investments will determine what kinds of risks you take, in addition to your personal tolerance level. If you're young, you're in a better position to take more risks with your money.
If you are a young investor, you will have time to offset losses incurred. In addition, you also need time to recover from any cyclical volatility that occur in any investment portfolio.
If you are elderly, you should not take so much risk with your investments because you did not have much time to recover your investment should fall. The only caveat to this is if you have excess capital, you can take greater risks.
I mean, you can have a sufficiently large amount of investment in safe assets such as bonds, savings or gold, so you can stay. If so, you can take the extra is turned on, you must live, take bigger risks.
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