One form of risk that everyone understands is "principal risk." That's the risk that you purchase an investment (a stock, bond or parcel of genuine estate) that suffers a long term decline in value. The Exxon personal bankruptcy is a perfect instance, its bondholders might only obtain pennies on the dollar for their interest-bearing bonds and
One form of risk that everyone understands is "principal risk." That's the risk that you purchase an investment (a stock, bond or parcel of genuine estate) that suffers a long term decline in value. The Exxon personal bankruptcy is a perfect instance, its bondholders might only obtain pennies on the dollar for their interest-bearing bonds and
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