Tuesday, February 15, 2011

What are RISK?

What are RISK?

I am not talking about the game RISK here (laughing out loud).
By the definition of RISK by Wikepedia (don't you just love the cyberworld!) - Risk is the potential that a chosen action or activity (including the choice of inaction) will lead to a loss (an undesirable outcome). The notion implies that a choice having an influence on the outcome exists (or existed). Potential losses themselves may also be called "risks". Almost any human endeavour carries some risk, but some are much more risky then others.

Do you know what is the RISK you face in life?
- Personal RISK
# Dying too soon
# Living death
# Living too long
# Child's education
# Wealth Creation

- Property RISK
# Loosing your property, either by accident or act of God.

- Liability RISK
# Violation of rights of others

How are we going to manage these RISK?
Seems like every answer to it also involves the this sign - $

There is no easy way to deal with it. Are you protected and ready to face these RISK?

Money is needed to finance your dreams and goals. Money is also needed to finance RISK.
Instead of waiting for the bomb to drop on you. Why not we prepare the umbrella before it rains?

Build strong financial foundation first!
Protect yourself! Protect your income! Protect your family!

Want to know the solution?

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