The Only Certain Thing
The Only Certain thing in Investing is Uncertainty.
There is nothing called Safety. It’s an illusion. We will never be totally safe. No one actually is.
When we aim for safety, we actually end up taking risks (unknowingly).
The risk of not beating Inflation. The risk of not being able to maintain our lifestyle.
The risk of outliving our money. The risk of doing silly things under the garb of safety (structured products).
Embrace Uncertainty for it’s the only certain thing in Investing.