Risk-Averse Person
A risk-averse person is someone who prefers to avoid uncertainty and potential losses. They tend to make decisions that minimize risk, often choosing safer options over those that could lead to higher rewards. This cautious approach can be seen in various aspects of life, including finance, career choices, and personal relationships.
In financial contexts, a risk-averse individual might favor investments in stable assets like bonds or savings accounts rather than more volatile options like stocks. This behavior reflects a desire for security and predictability, prioritizing long-term stability over short-term gains.