--- title: "Meaning & Key Takeaway of: has become increasingly clear to me that…" description: "\"“has become increasingly clear to me that one’s capacity for risk-bearing depends importantly upon one’s age and ability to earn income from noninvestm..." image: "https://sms4smile.com/quotes/i/309/burton-g-malkiel-43679_risk_has-become-increasingly-clear-to-me-that_2442307.jpg" --- # has become increasingly clear to me that one’s capacity… ![“has become increasingly clear to me that one’s capacity for risk-bearing depends importantly upon one’s age and ability to earn income from noninvestment sources. It” quote by Burton G. Malkiel](https://sms4smile.com/quotes/i/309/burton-g-malkiel-43679_risk_has-become-increasingly-clear-to-me-that_2442307.jpg) [Download](https://sms4smile.com/quotes/i/309/burton-g-malkiel-43679_risk_has-become-increasingly-clear-to-me-that_2442307.jpg) [Open image](https://sms4smile.com/quotes/i/309/burton-g-malkiel-43679_risk_has-become-increasingly-clear-to-me-that_2442307.jpg) > ““has become increasingly clear to me that one’s capacity for risk-bearing depends importantly upon one’s age and ability to earn income from noninvestment sources. It”” [Burton G. Malkiel](https://sms4smile.com/quotes/author/burton-g-malkiel/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Risk tolerance varies with age and non‑investment income, shaping financial decisions. **In simple terms:** Age and income affect risk taking. Key Takeaway Adjust risk based on life stage. Themes finance risk age income investment Mood analytical pragmatic Type advisory educational When to use this quote - retirement planning - career changes - investment strategy - budgeting Key Concepts behavioral finance life‑cycle theory risk tolerance Questions to Reflect On - How does your current income source influence your risk choices? - Should age dictate your portfolio? A Different Perspective Older investors may lack flexibility despite higher income. ★ ★ ★ ★ ★ No ratings yet [Age Ability](https://sms4smile.com/quotes/about/age-ability-497864/) [Income Noninvestment](https://sms4smile.com/quotes/about/income-noninvestment-497865/) [Increasingly Clear](https://sms4smile.com/quotes/about/increasingly-clear-497861/) [Noninvestment Sources](https://sms4smile.com/quotes/about/noninvestment-sources-497867/) [Risk](https://sms4smile.com/quotes/about/risk/) [Risk Bearing](https://sms4smile.com/quotes/about/risk-bearing-497859/) ## Related quotes > [I think the development of the venture capital system has been an example of something which is a successful improvement in risk-bearing. It doesn't…](https://sms4smile.com/quotes/kenneth-arrow/i-think-the-development-of-the-venture-capital-system-has-been-an/) [Kenneth Arrow](https://sms4smile.com/quotes/author/kenneth-arrow/) > [“Most people view risk taking primarily as a way to make money. Bearing higher risk generally produces higher returns...But it can’t always work that…](https://sms4smile.com/quotes/howard-marks/most-people-view-risk-taking-primarily-as-a-way-to-make-money-bearing/) [Howard Marks](https://sms4smile.com/quotes/author/howard-marks/) > [It has become increasingly clear to me that the White House is not interested in good-faith negotiations.](https://sms4smile.com/quotes/richard-shelby/it-has-become-increasingly-clear-to-me-that-the-white-house-is-not/) [Richard Shelby](https://sms4smile.com/quotes/author/richard-shelby/) > [What's increasingly clear is that when you are open to a discussion of leadership, and you're relating it to your company, it is much…](https://sms4smile.com/quotes/anonymous/what-s-increasingly-clear-is-that-when-you-are-open-to-a-discussion/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [“It’s becoming increasingly clear that mechanized intelligence can solve a rapidly expanding repertoire of problems.”](https://sms4smile.com/quotes/tyler-cowen/it-s-becoming-increasingly-clear-that-mechanized-intelligence-can/) [Tyler Cowen](https://sms4smile.com/quotes/author/tyler-cowen/) > [Climate change poses clear, catastrophic threats. We may not agree on the extent, but we certainly can't afford the risk of inaction.](https://sms4smile.com/quotes/rupert-murdoch/climate-change-poses-clear-catastrophic-threats-we-may-not-agree-on/) [Rupert Murdoch](https://sms4smile.com/quotes/author/rupert-murdoch/) > [Decision is a risk rooted in the courage of being free.](https://sms4smile.com/quotes/paul-tillich/decision-is-a-risk-rooted-in-the-courage-of-being-free/) [Paul Tillich](https://sms4smile.com/quotes/author/paul-tillich/) > [There are times when we can feel destiny close around us like a fist around a doorknob. Sure, we can resist. But a knob…](https://sms4smile.com/quotes/tom-robbins/there-are-times-when-we-can-feel-destiny-close-around-us-like-a-fist/) [Tom Robbins](https://sms4smile.com/quotes/author/tom-robbins/) > [“There is no growth without risk. There is always something to be gained from any experience. It is up to us to interpret our…](https://sms4smile.com/quotes/truth-devour/there-is-no-growth-without-risk-there-is-always-something-to-be/) [Truth Devour](https://sms4smile.com/quotes/author/truth-devour/) > [As an adventurer...I try to protect against the downside. I make sure I have covered as many eventualities as I can. In the end,…](https://sms4smile.com/quotes/richard-branson/as-an-adventurer-i-try-to-protect-against-the-downside-i-make-sure-i/) [Richard Branson](https://sms4smile.com/quotes/author/richard-branson/) > [I knew I really had to put down a good run. I played it safe, and took risks when I could, and I came…](https://sms4smile.com/quotes/julia-mancuso/i-knew-i-really-had-to-put-down-a-good-run-i-played-it-safe-and-took/) [Julia Mancuso](https://sms4smile.com/quotes/author/julia-mancuso/) > [To refer even in passing to unpublished or struggling authors and their problems is to put oneself at some risk, so I will say…](https://sms4smile.com/quotes/kingsley-amis/to-refer-even-in-passing-to-unpublished-or-struggling-authors-and/) [Kingsley Amis](https://sms4smile.com/quotes/author/kingsley-amis/) > [When you stop a dictator, there are always risks. But there are greater risks in not stopping a dictator.](https://sms4smile.com/quotes/margaret-thatcher/when-you-stop-a-dictator-there-are-always-risks-but-there-are-greater/) [Margaret Thatcher](https://sms4smile.com/quotes/author/margaret-thatcher/) > [To believe in love, to be ready to give up anything for it, to be willing to risk your life for it, is the…](https://sms4smile.com/quotes/leonardo-dicaprio/to-believe-in-love-to-be-ready-to-give-up-anything-for-it-to-be/) [Leonardo DiCaprio](https://sms4smile.com/quotes/author/leonardo-dicaprio/) > [Against his own will, almost, Will felt himself understanding; he would have done anything, he thought, told any lie, taken any risk, to make…](https://sms4smile.com/quotes/cassandra-clare/against-his-own-will-almost-will-felt-himself-understanding-he-would/) [Cassandra Clare](https://sms4smile.com/quotes/author/cassandra-clare/) ## More by Burton G. Malkiel > [“As the economic historian Charles Kindleberger has stated, “There is nothing so disturbing to one’s well-being and judgment as to see a friend get…](https://sms4smile.com/quotes/burton-g-malkiel/as-the-economic-historian-charles-kindleberger-has-stated-there-is/) [Burton G. Malkiel](https://sms4smile.com/quotes/author/burton-g-malkiel/) > [“put time on your side. Start saving early and save regularly. Live modestly and don't touch the money that's been set aside.”](https://sms4smile.com/quotes/burton-g-malkiel/put-time-on-your-side-start-saving-early-and-save-regularly-live/) [Burton G. Malkiel](https://sms4smile.com/quotes/author/burton-g-malkiel/) > [“Tip of the Week If you bought $1,000 worth of Nortel stock one year ago, it would now be worth $49. If you bought…](https://sms4smile.com/quotes/burton-g-malkiel/tip-of-the-week-if-you-bought-1-000-worth-of-nortel-stock-one-year/) [Burton G. Malkiel](https://sms4smile.com/quotes/author/burton-g-malkiel/) > [“A firm’s income statement may be likened to a bikini—what it reveals is interesting but what it conceals is vital.”](https://sms4smile.com/quotes/burton-g-malkiel/a-firm-s-income-statement-may-be-likened-to-a-bikini-what-it-reveals/) [Burton G. Malkiel](https://sms4smile.com/quotes/author/burton-g-malkiel/) > [“A successful investor is generally a well-rounded individual who puts a natural curiosity and an intellectual interest to work.”](https://sms4smile.com/quotes/burton-g-malkiel/a-successful-investor-is-generally-a-well-rounded-individual-who-puts/) [Burton G. Malkiel](https://sms4smile.com/quotes/author/burton-g-malkiel/) > [“I view investing as a method of purchasing assets to gain profit in the form of reasonably predictable income (dividends, interest, or rentals) and…](https://sms4smile.com/quotes/burton-g-malkiel/i-view-investing-as-a-method-of-purchasing-assets-to-gain-profit-in/) [Burton G. Malkiel](https://sms4smile.com/quotes/author/burton-g-malkiel/) > [“What is a cynic? A man who knows the price of everything, and the value of nothing. — Oscar Wilde, Lady Windermere’s Fan”](https://sms4smile.com/quotes/burton-g-malkiel/what-is-a-cynic-a-man-who-knows-the-price-of-everything-and-the-value/) [Burton G. Malkiel](https://sms4smile.com/quotes/author/burton-g-malkiel/) > [“Predicting the stock market is really predicting how other investors will change estimates they are now making with all their best efforts. This means…](https://sms4smile.com/quotes/burton-g-malkiel/predicting-the-stock-market-is-really-predicting-how-other-investors/) [Burton G. Malkiel](https://sms4smile.com/quotes/author/burton-g-malkiel/) [Explore all 9 Burton G. Malkiel quotes ](https://sms4smile.com/quotes/author/burton-g-malkiel/) ## More Risk quotes > [Against his own will, almost, Will felt himself understanding; he would have done anything, he thought, told any lie, taken any risk, to make…](https://sms4smile.com/quotes/cassandra-clare/against-his-own-will-almost-will-felt-himself-understanding-he-would/) [Cassandra Clare](https://sms4smile.com/quotes/author/cassandra-clare/) > [To believe in love, to be ready to give up anything for it, to be willing to risk your life for it, is the…](https://sms4smile.com/quotes/leonardo-dicaprio/to-believe-in-love-to-be-ready-to-give-up-anything-for-it-to-be/) [Leonardo DiCaprio](https://sms4smile.com/quotes/author/leonardo-dicaprio/) > [When you stop a dictator, there are always risks. But there are greater risks in not stopping a dictator.](https://sms4smile.com/quotes/margaret-thatcher/when-you-stop-a-dictator-there-are-always-risks-but-there-are-greater/) [Margaret Thatcher](https://sms4smile.com/quotes/author/margaret-thatcher/) > [To refer even in passing to unpublished or struggling authors and their problems is to put oneself at some risk, so I will say…](https://sms4smile.com/quotes/kingsley-amis/to-refer-even-in-passing-to-unpublished-or-struggling-authors-and/) [Kingsley Amis](https://sms4smile.com/quotes/author/kingsley-amis/) > [I knew I really had to put down a good run. I played it safe, and took risks when I could, and I came…](https://sms4smile.com/quotes/julia-mancuso/i-knew-i-really-had-to-put-down-a-good-run-i-played-it-safe-and-took/) [Julia Mancuso](https://sms4smile.com/quotes/author/julia-mancuso/) > [As an adventurer...I try to protect against the downside. I make sure I have covered as many eventualities as I can. In the end,…](https://sms4smile.com/quotes/richard-branson/as-an-adventurer-i-try-to-protect-against-the-downside-i-make-sure-i/) [Richard Branson](https://sms4smile.com/quotes/author/richard-branson/) > [“There is no growth without risk. There is always something to be gained from any experience. It is up to us to interpret our…](https://sms4smile.com/quotes/truth-devour/there-is-no-growth-without-risk-there-is-always-something-to-be/) [Truth Devour](https://sms4smile.com/quotes/author/truth-devour/) > [There are times when we can feel destiny close around us like a fist around a doorknob. Sure, we can resist. But a knob…](https://sms4smile.com/quotes/tom-robbins/there-are-times-when-we-can-feel-destiny-close-around-us-like-a-fist/) [Tom Robbins](https://sms4smile.com/quotes/author/tom-robbins/) > [Decision is a risk rooted in the courage of being free.](https://sms4smile.com/quotes/paul-tillich/decision-is-a-risk-rooted-in-the-courage-of-being-free/) [Paul Tillich](https://sms4smile.com/quotes/author/paul-tillich/) > [Climate change poses clear, catastrophic threats. We may not agree on the extent, but we certainly can't afford the risk of inaction.](https://sms4smile.com/quotes/rupert-murdoch/climate-change-poses-clear-catastrophic-threats-we-may-not-agree-on/) [Rupert Murdoch](https://sms4smile.com/quotes/author/rupert-murdoch/) > [The risk of developing carcinoma of the lung increases steadily as the amount smoked increases. If the risk among non-smokers is taken as unity…](https://sms4smile.com/quotes/richard-doll/the-risk-of-developing-carcinoma-of-the-lung-increases-steadily-as/) [Richard Doll](https://sms4smile.com/quotes/author/richard-doll/) > [The only risk is not taking the risk. You've got to take that step.](https://sms4smile.com/quotes/jaycie-phelps/the-only-risk-is-not-taking-the-risk-you-ve-got-to-take-that-step/) [Jaycie Phelps](https://sms4smile.com/quotes/author/jaycie-phelps/) > [You know what happens when you don't take a risk? Nothing.](https://sms4smile.com/quotes/mel-gibson/you-know-what-happens-when-you-don-t-take-a-risk-nothing/) [Mel Gibson](https://sms4smile.com/quotes/author/mel-gibson/) > [“Fear is not the end. But only a transition.”](https://sms4smile.com/quotes/dragos-bratasanu-ph-d/fear-is-not-the-end-but-only-a-transition/) [Dragos Bratasanu, Ph.D](https://sms4smile.com/quotes/author/dragos-bratasanu-ph-d/) > [Well look, CIA is an agency that has to collect intelligence, do operations. We have to take risks and it's important that we take…](https://sms4smile.com/quotes/leon-panetta/well-look-cia-is-an-agency-that-has-to-collect-intelligence-do/) [Leon Panetta](https://sms4smile.com/quotes/author/leon-panetta/) [Browse all 7,233 Risk quotes ](https://sms4smile.com/quotes/about/risk/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "“has become increasingly clear to me that one’s capacity for risk-bearing depends importantly upon one’s age and ability to earn income from noninvestment sources. It”", "creator": { "@type": "Person", "name": "Burton G. 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