How Risk Averse Are You? Here Are the Best Ways to Find Out?

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All of the recent hype surrounding Gamestop, cryptocurrency, non-fungible tokens (NFTs), and meme stocks made me question – is anyone risk-averse anymore?

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Does anyone value consistent returns over the 50/50 gamble to win big or lose it all? Of course, I know the answer is “yes.” There are over $4 trillion in passive funds right now, which means there are a ton of people employing a long-term investment strategy.

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But still, it feels like everyone is gambling with their hard-earned income like it’s their first time in Vegas. And it’s partially true.

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While many people are investing in index funds and other traditional investments, Dogecoin (crypto that started as a meme… yes, a meme) has a market cap of nearly $50 billion!

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Ford doesn’t even have a $50 billion market cap.

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