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5 types of financial risk that every human must know

June 9th, 2009 wiseinvestor No comments

When it comes to saving, consuming and investing, or simply life itself, risk is often a much talk about word.

Let us now break down risk into 5 types that everyone of us face, even if you are a citizen of a third world country.

1. Inflation Risk

We all know what Zimbabwe is famous for.

Rising prices for consumer goods will eventually reduce the purchasing power of dollars.

There are some items that you need to buy now, like a good vacation during prime time of life like 20s and 30s, instead of waiting until 70 years…

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