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“things with a limited downside and unlimited upside” Penny stocks and junk bonds, a classic recipe for attaining mega wealth.
by 2devnull 4y ago
“things with a limited downside and unlimited upside”
Penny stocks and junk bonds, a classic recipe for attaining mega wealth.
- eyphka 4y agoThat is how Warren Buffet got started, or as he called them, used cigarbuts.
- ffggffggj 4y agoIt also helped that his father was a congressman and stock trader who brought Buffet around his finance friends throughout his youth and helped him start buying stocks as a young teenager.
- lullab 4y agoTheoretically yes. Even putting it all on black in Vegas could work. But it doesn't mean you should do it. Any investment is inherently a gamble, some are riskier than others and some have a too small payoff for the risk.