Suppose
you wish to buy a condominium in a prime building overlooking
the skyline of the Kuala Lumpur golden triangle. The
agent tells you that there are only two units left.
One unit is on a high floor with a spectacular view.
The other is on the ground. The agent tells you that
should there be a fire, you could easily escape from
the ground floor unit but the view is not as good. Price
is the same. Which unit would you buy?
Take
a few minutes to think about your answer. It has a lot
to do with what kind of investment is suitable for you.
If you choose the view, it means you are a risk-taker.
If you choose the ground floor, it shows you are cautious.
There is nothing wrong with being cautious or being a
risk taker. You should choose investments you are comfortable
with.
