retirees at risk after 1bn crash , page-48

  1. 906 Posts.
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    It's very simple.

    Rule number 1 of investing is diversification.

    Rule number 2 of investing is higher return = higher risk.

    Someone losses their life savings because of one failed company = fool. A fool and their money are easily parted.

    People involved in Opes Prime were chasing a higher return involving the transfer of title of their stock. That's Risk x Risk.

    And if Opes Prime was the sole resting place for their investment then it's Fool x Risk x Risk.
 
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