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Ask Warren Buffet - he’s never invested in safe things. /s Though seriously, looking at Buffet - he invested in incredibly safe companies (ones generally value
by MrDunham 5y ago
Ask Warren Buffet - he’s never invested in safe things. /s
Though seriously, looking at Buffet - he invested in incredibly safe companies (ones generally valued at below their book value, at least for the first few decades) and used a bunch of leverage on them to make top-10 global wealth.
It bugs me (seems like it does for you, too) to hear the “you need risk for reward”.
Safe !== broke, and risky!== rich. But too many people equate ”safe” and bonds or index funds (which also won’t make you broke, they just won’t generate generational wealth for the most part).