as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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how can i use hedging strategies to manage my wealth?
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hedging strategies are used by investors to reduce their exposure to risk in the event that an asset in their portfolio is subject to a sudden price decline. when properly done, hedging strategies reduce uncertainty and limit losses without significantly reducing the potential rate of return.
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