Your Money Personality
The four money personalities
Labrador
Buffett often uses language that supports steady accumulation as opposed to tactical risk taking, which is especially evident in his two broad rules to investing:
- Rule #1 Don’t lose money
- Rule #2 Don’t forget rule #1
When it comes to communicating with people of Labrador preferences, it’s important to demonstrate how a traditional approach will or will not support a new decision, idea or strategy.
When embarking on something new, design an orderly and supported plan around such change to help minimise the potential stress caused by unexpected surprises.
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