No. of Recommendations: 1
but wasn't my selection and purchase a lot less risky because I have practically no money in the deal? How do you perceive the risk?

IMHO, risk is directly related to reward. Low risk low reward. Vice versa. I assert that highly leveraged deals are more risky because of the perceived greater return.

The greatest risk anyone can take is to assume they have found the Holy Grail of investing-low risk great reward.

I parapharase John Templeton,"The most dangerous words are that it's different this time".

When everybody is talking about how great a particular strategy is it may be a time to, if not head for the door, at least know where the doors are.

buzman
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