Bob [the hare] invests $10,000 and takes more risk to get a higher return; he gets a 12% return for 4 years, but loses 12% year five, and ends up with $13,847.
Sally [the tortoise] invests $10,000 and takes less risk to get a moderate return; she gets an 8% return every year for 5 years, and ends up with $14,693.
Bob would have felt a lot better than Sally for 4 years. It would, in fact, take a lot of willpower for Sally to stick with her investment strategy, but if she did, she would have done 22% better then the high risk strategy!

**The Impact of Higher Risk and Loss**