Once you've attained enough to meet your investmentgoals, take a step back. This may entail leaving some money on thetable, and this is where the winners distinguish themselves fromthe losers. (Photo: Shutterstock)
Life is a series of negotiations. A gamble, in a sense. It's anever-ending sequence of persuasive exercises, constantly trying toget someone to concede. And while that concession may get youhired, you're taking a chance that industry, that company, thatmarket, will be around throughout your career to sustain yourretirement. That's the gamble.
Investing is a continuous negotiation. Each trade has yousearching for a willing counterpart who will accept your desiredprice. As before, you are taking a chance – a risk – with eachtransaction. But you're not gambling.
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