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> For many, an angel investment costs less than your last vacation or professional development course. That sounds like a terrible way to look at investments.
by arihant 11y ago
> For many, an angel investment costs less than your last vacation or professional development course.
That sounds like a terrible way to look at investments.
- greglindahl 11y agoIt is not. Limiting your angel investments to "fun money" amounts is the easiest way to make sure you can't possibly lose material amounts of money.
- arihant 11y agoThat's not my point really. My point is that the number of investments one would need seriously get returns is not equal to number of vacations one takes in a year. It's like saying it costs as much as a movie ticket to buy a lottery ticket. Yes, it does. But that's a terrible use of $10. You will not likely win (or even win consolations to cover ticket price) with one ticket.
- tlb 11y agoAngel investments typically take 10 years to pay off, and the number of vacations one might take in 10 years is enough to get a big win.