October 9, 2009
Entry #5 on my list of the 10 biggest mistakes that investors make is focusing on potential return before risk. I have been in the investment business for over four decades and I can tell you that the most successful investors are those who evaluate risk ahead of return. The first question I ask before I make any investment is how much can I lose? I advise the same strategy for you. Those investors putting prospective returns ahead of risk most often make emotionally charged decisions that lead to investment ruin. Make risk your primary focus. Only then should you consider potential return. At both my family-run investment company and in my monthly strategy reports we put risk ahead of return. Please join us.
The following two tabs change content below.
Dick Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
Latest posts by Dick Young (see all)
- Do You Have the Tools to Carry Out Your Investment Plan? - October 18, 2019
- Four Ways to Win the Investment Horse Race - October 11, 2019
- This is the Most Persuasive Test of High-Quality Investing: Does Your Portfolio Pass? - October 4, 2019