The following is my
answer to a Quora question: “Is learning how to invest worth the
effort and risks?”
If you have an interest in managing your own wealth,
or understanding how professionals do so, then it is worth the effort to learn
how to invest. There is no risk involved
since you are learning a skill. The risk
comes when you actually attempt to manage your assets. The difference here is that the risk is
calculated; it is no longer a lottery. The
positive here is that since you are actively managing, you have some control
over that risk. There is no reward
without risk. Embrace that risk, and
invest with reasonable goals. You will
find that you gain more than you lose.
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