#193 – IS INTELLIGENT RISK AN OXYMORON – JIM TONEY

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Picture1Is Intelligent Risk and Oxymoron?  There is an implied contradiction in the term – Intelligent risk.  An intelligent risk is one deemed worth taking, not to be avoided.  Risk is everywhere in our lives and we deal with it on the personal level daily.  Unfortunately, but rightfully so, risk is usually thought of as something bad, undesirable, and to be avoided.  We have health insurance, life insurance, long term care insurance, auto insurance, and others, all to ensure us against catastrophic financial loss.  Continue reading