Quote by Maria Bartiromo
I'm not a money manager, but I can tell you what the conventional wisdom is. The younger you are, the more risk you can take on.
Summary
This quote suggests that when it comes to managing money, there is a commonly held belief that younger individuals can afford to take on more financial risks compared to older individuals. It implies that as people age, it becomes more important to prioritize stability and security in financial decision-making. This viewpoint acknowledges the greater time horizon that younger individuals have to recover from potential losses and take advantage of long-term investment opportunities. Overall, it urges individuals to consider their age and risk tolerance when making financial choices.