"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"

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.