History Lesson on Your Social Security Card
On Jul 15, 1:33*pm, Bill wrote:
What does "safer" mean? *You may do better thinking in terms of
"expected value" and "standard deviation". *I agree with you: I think
the bottom line is to be *diversified*. However, following any
assumption comes with a risk. *So does driving your car.
Bill
There is some risk with anything. I have some low risk investments
and some fairly risky investments. By fairly risky, I mean
investments where I could lose all of my investment, but would lose
more than I invested. But I have more than one risky investment. So
if several go bust, but several do real well I come out ahead. And a
lot more fun than investing in government bonds.
Dan
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