RAS AL KHAIMAH // An Emirati, 19, died in a motorcycle crash on Wednesday morning in Ras Al Khaimah.
The man died after swerving suddenly, entering the median strip and crashing into a sandy hill, then a lamp post, said Brig Hassan Ibrahim, deputy director general of RAK Police central operations.
The motorcycle flipped over several times. The rider was taken to Sheikh Khalifa Specialty Hospital, where he eventually succumbed to the severity of his injuries, Brig Ibrahim said.
Brig Ibrahim urged motorists to follow traffic rules, especially while riding motorcycles.
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Should late investors consider cryptocurrencies?
Wealth managers recommend late investors to have a balanced portfolio that typically includes traditional assets such as cash, government and corporate bonds, equities, commodities and commercial property.
They do not usually recommend investing in Bitcoin or other cryptocurrencies due to the risk and volatility associated with them.
“It has produced eye-watering returns for some, whereas others have lost substantially as this has all depended purely on timing and when the buy-in was. If someone still has about 20 to 25 years until retirement, there isn’t any need to take such risks,” Rupert Connor of Abacus Financial Consultant says.
He adds that if a person is interested in owning a business or growing a property portfolio to increase their retirement income, this can be encouraged provided they keep in mind the overall risk profile of these assets.
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