Shay Benhamou Points out Risk Management Tips for New Investors
2020 saw some of the greatest market price swings happen. Of course, some investors were scared off by the volatility, particularly because of the ongoing global pandemic, but it also attracted others who want to tap into the volatility and make high profits. Every investor should remember that rather than withdrawing your investment, it is better to use risk management tips that can help you in minimizing your risks. What are they? Shay Benhamou has pointed out some risk management tips that every investor can use:
Know what you can afford to lose
Before you begin investing, Shay Benhamou recommends that you first decide how much you can lose comfortably without stressing yourself out. This can actually help you in weathering volatile days in the market in a better way. It...