Chapter
Is Investing Stupid?
43:23 - 47:24 (04:00)
The argument for sometimes thinking investing would be stupid is when the amount of money you make every year won't change your life and you're locking up your money. Instead, selling some of your stock and giving yourself a shot at trying to build something you believe in is a smarter choice.
Clips
In this snippet, a conversation is recounted where an individual contemplates abandoning their entrepreneurial ventures due to the need to pay bills.
43:23 - 44:43 (01:19)
Summary
In this snippet, a conversation is recounted where an individual contemplates abandoning their entrepreneurial ventures due to the need to pay bills. The possibility of selling stock market investments to cover expenses was discussed as an alternative solution.
ChapterIs Investing Stupid?
Episode#85 - Why Privacy is Big Business and the Multi-Million Dollar Ideas Hidden in Plain Sight
PodcastMy First Million
Investing can generate a high return, but it is important to be realistic about the potential results.
44:43 - 45:34 (00:51)
Summary
Investing can generate a high return, but it is important to be realistic about the potential results. Even if you are able to consistently achieve a 50% return, it would take many years to reach significant financial goals.
ChapterIs Investing Stupid?
Episode#85 - Why Privacy is Big Business and the Multi-Million Dollar Ideas Hidden in Plain Sight
PodcastMy First Million
Investing may not make sense when the returns will not significantly impact your life, and if you're an entrepreneurial individual, it may be more beneficial to invest in yourself and your business ideas rather than tying up your capital in traditional investments.
45:34 - 47:24 (01:49)
Summary
Investing may not make sense when the returns will not significantly impact your life, and if you're an entrepreneurial individual, it may be more beneficial to invest in yourself and your business ideas rather than tying up your capital in traditional investments.