What’s your propensity to risk?

Welcome to Barbrah Musamba Chama Mumba's Blog

Written by CHRIS KIRUBI

Are you the kind of a person who ventures into something because it’s popular or are you the one who takes time to analyze information and calculate the amount you are willing to risk?

You need to determine the level of risk you are content with. It makes no sense jumping into the deep end yet you are just learning how to swim. As I have stated before, every business venture is a risk. But how far are you willing to go and how do you determine your level of risk?

First and foremost, your personal circumstances and commitments. Only a fool would invest all his money without factoring his responsibilities or commitments. Your dependents, utility bills and other responsibilities must come first. You must be able to project how much your responsibility will consume every month. If you have few responsibilities, look at your cash…

View original post 401 more words

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s