It is important for people to take risks, both in their professional lives and their personal lives.

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In today’s world,
risk
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taking is nothing new. In
this
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case, people think that it is crucial to undergo
risk
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in both professional and personal lives.
Therefore
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, it is often said that doing so has more advantages than disadvantages. In
this
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essay, I will examine on both the pros and cons of
this
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topic before reaching a concrete decision.
First
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and foremost, there is a famous quote said that no pain, no gain, if you are looking for better life
then
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unavoidably you have to go through risks.
Hence
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, there are myriad of reasons why people are willing to give it a try. It can be beneficial when you assess to appropriate amount of risks.
For example
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: if you want to have extra income, you might need to seek for investment, it can be a threat in making deficit but it can be in an opposed way by making huge earnings.
Besides
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, financial analysts working in reserve bank often expose to financial danger,
nevertheless
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they have excellent
risk
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assessment skills and provided returns to the investors.
In addition
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, the detrimental impact of risks taking is sacrificing some of your valuable belongings
such
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as health, time, capital and relationship.
For instance
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: people work hard and spend long working hours to achieve compliments from their employers,
thus
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they are risking their health from not getting enough rest and deteriorating mental conditions and lifestyles. In recapitulate, after taking every reasons into consideration, I believe that the benefits outweigh the drawbacks. Another point worth noting is understanding your
risk
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appetite before reaching it.
Submitted by huui9000 on

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Topic Vocabulary:
  • Opportunities
  • Growth
  • Innovation
  • Challenges
  • Self-discovery
  • Resilience
  • Uncertainty
  • Consequences
  • Calculated risks
  • Stagnation
  • Regret
  • Comfort zone
  • Entrepreneurship
  • Adventurous spirit
  • Thriving
  • Failure
  • Mitigate
  • Reap the rewards
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