"I'm not a money manager, but I can tell you what the conventional wisdom is. The younger you are, the more risk you can take on"
- Maria Bartiromo
About this Quote
This quote by Maria Bartiromo is describing the idea of investing. Normally, the more youthful you are, the more danger you can handle when it comes to investing. This is since younger individuals have more time to recuperate from any losses they may sustain. As you get older, you may not have as much time to recuperate from any losses, so it is very important to be more conservative with your financial investments. The traditional knowledge is that more youthful individuals need to handle more threat when it concerns investing, as they have more time to recover from any losses. This is why it is necessary to understand the risks associated with investing and to make sure you are comfy with the level of threat you are handling.
This quote is written / told by Maria Bartiromo somewhere between September 11, 1967 and today. He/she was a famous Journalist from USA.
The author also have 22 other quotes.
"Raising children is an incredibly hard and risky business in which no cumulative wisdom is gained: each generation repeats the mistakes the previous one made"
"The man who makes everything that leads to happiness depends upon himself, and not upon other men, has adopted the very best plan for living happily. This is the man of moderation, the man of manly character and of wisdom"
"Given the choice, children who don't want for anything will not save... We have an obligation as parents to give our children what they need. What they want we can give them as a special gift, or they can save their money for it"
