3 ms·
If your options are either to have no money or bags of money, you’re in a casino. To play the stock market well, you need an investor’s mindset not a casino min
by webinvest 6y ago
If your options are either to have no money or bags of money, you’re in a casino. To play the stock market well, you need an investor’s mindset not a casino mindset. I say this with 12 years of investment experience and 20% CAGR. Odds are, your risk management and portfolio are not well risk/return adjusted. It’s important to many people that the world they retire in is the world they want to live in. Most millionaire investors say it was harder to get to $100k than it was to get from $100k to $1M anyways. Often, if you make it that far, you can make it the rest of the way through the same compound interest.