Determine your risk profile

Are you a conservative investor or a risk-taker? Or somewhere in between? This should reflect on the stock you are buying. There are volatile stocks with the potential to go higher but it also has the potential to go south. On the other hand, there are stocks that goes up on a steady note despite the market going bullish but it also remains steady when it plummets. Your investor profile is based on several factors, which include your investment horizon and your risk tolerance. Determining your risk profile will greatly depend on your willingness to take the risk for a promising ROI. And, this may change over time, especially if your financial objectives change. Initially, what you need to