Investment Risk - Borrowing Risk
This is the heart of that lesson:
Those who borrowed money for their homes and their stock investments found themselves skating on micro-thin ice when bad times hit. Those who were not carrying too much debt ended up in better shape than those who did.
That's not to say it is unwise to borrow money for the right reasons. Good debt can be a tremendous builder of personal and corporate wealth. Unfortunately, but ever so predictably, bad debt can be - and usually is - an effective destroyer of dreams and long-term financial health.
If you'd like to learn more about the specific subject of borrowing risk, you're welcome to read an article I've written on the subject entitled Investment Risk - Borrowing Risk.
Also, if your interest in the subject of investment risk runs much deeper than just wanting to learn about one narrow facet of it, you're warmly welcome to sign up for a FREE month-long eCourse ! It comprises 16 lessons that will be emailed to you at 2-day intervals, and will rapidly teach you the basic concepts of investment risk and 15 different specific forms of investment risk.
You may sign up here for this unique freebie entitled Understanding Investment Risk & Profiting From It!
I hope you enjoy both the article and the eCourse.
Take care.
Warmest regards,
Rajen
PS. If you'd like to join others who have opted to have me work with them to help improve their performance in the areas of personal finance, goal-setting and time management, please take the time to decide if this option is right for you...
After years of thinking about it, I've finally launched a 'lite' version of my elite life planning consulting package. This shorter, online-based version lasts a whole three months, and focuses on the three core life planning areas of personal finance, goal-setting and time management.
The price of this 13-week email- and online-based consulting package is less than one-ninth of my regular consulting rates.
If you're interested, drop me a quick email to
mailto:sales@RajenDevadason.com
(or simply copy-and-paste sales@RajenDevadason.com
into a fresh email) with
'Rajen, please tell me about your new consulting package',
in your subject header.
Warning: This service is NOT for everyone.
Please only write to me about it if you are 100% serious about joining this programme.
Thanks. Stay well.
Rajen Devadason is CEO of RD Book Projects and its sister company RD WealthCreation Sdn Bhd. He lives in sunny, peaceful Malaysia with his gorgeous wife Rachel. He's a Malaysian Securities Commission-licensed financial planner, a life planning consultant, a professional speaker and a serial author... which probably explains why he's so exhausted! Some of his books are available here, and, if you're interested, here are some quotations he reckons are accurate, bold or cool.
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