What’s your propensity to risk?

Welcome to Barbrah Musamba Chama Mumba's Blog


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…

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