Data:2009-12-12 2:34
Category: Money Tips Date: 2007-06-04
Securities and investment is a risky investment. In general, the risk is that a departure from the expected return to investors, or the securities income uncertainty. Investment-related securities known as the total risk of all the risks. Total risk can be divided into systematic risk and non-systematic risk two broad categories.
1, the system risk: refers to the overall situation for some common factors may be caused by changes in investment income, such factors, in the same way on all the yield of securities have an impact. Systemic risk, including policy risks, brokers cyclical volatility, interest rate risk and purchasing power risk.
2, non-system slot: this refers only to a particular industry or individual company impact the risk of the securities, which is usually caused by a particular factor, and the price of the stock market there is no systematic, comprehensive links, but only right of individual or a small number of securities revenue impact. Non-systematic risk can be offset or avoided, therefore, also known as diversifiable risk or risk aversion. Non-systematic risks include credit risk, operational risk and financial risks.