Risks Vs Rewards:

The involved risk and expected profit must always be considered

before doing anything. Proceed only if its feasible. No one will
provide you with a medal for being brave enough to perform
something foolish. Moreover, such a medal will be totally worthless.
Better evaluate your ability to bear potential losses that might
occur. Taking risk is an integral part of life. Still, you cannot over
do. Be realistic!
Enjoy Within Your Limits:

Every normal man desires a luxurious life. There is no problem with

this approach until addiction begins. If your focus is solely on
enjoyment then things will surely turn bad after some time. Hard
work and enjoyment can co-exist, but one who abandons hard work
will not be able to enjoy for long.
***
On considering all those scenarios the significance of balance in
life becomes evident. The simple summary is that you cannot
overdo, nor remain inactive. Things must be accomplished in a
harmonious manner (as applicable or if possible).
Life can be so confusing at several instances. Just be alert and be
rational in all instances.

This article is just an overview. You can always use the comment box
placed below to continue the discussion.