Wisdom learns from failure: our own and history's, then acts accordingly. -- D.R. Remer

Wise Money: July 2009 Archives

FallingWoman.jpgHandling money is inherently risky business. To even have money on one's person with other's knowing it, is a risk, in and of itself. Money is a transmitter of germs and viruses, unless its new coming out of the vault of a bank. Keeping money under a mattress or cookie jar, except in small amounts, is terribly risky. Failing to earn interest on money reduces your money's purchase power in times of inflation. But, these aren't the risks I am talking about here. All investments of money carry a risk. That is the risk discussed here.

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