Money secret No. 13: Why is risk good?

We’re always hearing stories about inspirational people who have changed the world. Or stories of friends who have done something amazing. Perhaps you’ve heard these stories from someone somewhere and thought to yourself, “I wish I could do something like that,” or, “I wish I could have that.”

But you know what? The people in the stories all took a risk to get to where they are now! They most likely had to step out of their comfort zone and try something new. There’s a good chance it was nauseating for them.

It works exactly the same when it comes to the growth of your financial wealth. It requires courage to get started because you’re daring to go somewhere new. And that’s exactly it…a dare. But it’s not an option not to start. You simply have to take the first step at some point, take a risk or two, and see what happens. You’ve worked hard for your money, so now make a smart move and let it work for you. Take it one step at a time…one little step at a time. As soon as you see your money grow, that’ll encourage and motivate you to just keep on going. Step by step, bolder and bolder. Trust yourself…you’ve got this!

Money secret No. 13: More risk means more potential for higher returns.