Speaker Ndubuisi 'Andy' Egwim emphasizes the distinction between risk appetite and risk capacity as a key investing lesson, urging viewers to perform proper due diligence before investing rather than trusting appearances. He references an ongoing 12-month program and warns against giving money to people based on charm or presentation alone.
If you don't remember anything else you need to remember this bit. And for those of you in the 12 month money wise Dr. Mastermind, this is one of this we'll have out throughout the year is risk appetite versus risk capacity. Okay. We've talked about one way to manage your risk. Okay. Malika Sampa said she will do her due diligence. She'll do her research finance a good company which is another discussion we can have. How do you do your due diligence? How do you find out the company where can you check the documents? What does that really mean? Do your own research? How can you find out what is the current returns from bonds versus all that stuff you can deal with in the charts. But basically in terms of risk management we've talked about do your due diligence. Don't just be quick to just give your money to random people just because they're wearing a nice seat and they're speaking really nice posh accent.
