Winning money from a slot machine is a lot like receiving a hefty compensation on your insurance claim. They both happen at random and make you feel good. The slot machine player and the insurance companies are both gamblers. But in general, only one has enough resources to stay in the game. To understand what… Continue reading What Can Gamblers Learn From Insurance Companies
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Good 3 Things You Should Invest in Now
When you think of some of the most wealthy people in the world — Bill Gates, Warren Buffett, Mark Zuckerberg — you might think of their great accomplishments. Their wealth may have started from a business, but they maintained it through their investments. This is the same no matter what you do for a living.… Continue reading Good 3 Things You Should Invest in Now
Investing: Ways To Mitigate Risk In Your Portfolio
Over the years, the tolerance level for risk in investment portfolios may require some fine tuning. Often as people approach retirement age it is desirable to mitigate risk. When investors are younger, they have more time and resources to bounce back if an investment causes a loss. Here are a few ways to mitigate portfolio… Continue reading Investing: Ways To Mitigate Risk In Your Portfolio
Risk Management Basics For Small Business Owners
As a business owner, risk management is something you should always consider and take seriously. It’s common for businesses of all sizes to spend a great deal of time talking about risk management. They define what their risks are and develop ways to try to consistently identify them in the future. This requires setting a… Continue reading Risk Management Basics For Small Business Owners