4 ms·
Income investments, into safe, medium, and high-yield risky thirds. Avoid big purchases. Then work on projects of my own and others, and put profits into the
by mixmastamyk 2y ago
Income investments, into safe, medium, and high-yield risky thirds. Avoid big purchases.
Then work on projects of my own and others, and put profits into the funds above.
This was the Dominguez/Robin strategy in "Your Money or Your Life" which I learned about after a PBS special many years ago. The return to higher interest rates makes the strategy feasible again:
https://news.ycombinator.com/item?id=12299024 https://news.ycombinator.com/item?id=12299024
(I'd still invest in stocks if I came across a sure thing, however somehow I missed the NVDA rocket right under my nose. So can't count on those.)