Tuesday, March 16, 2021

Personal Rules to Avoid Losing Your Wealth

A question primarily for those who have amassed at least six figures in savings - do you have any personal rules to protect yourself from stupid decisions that will make you lose your wealth?

For example, here are a few basic rules I follow:
  • I don't gamble or invest in anything resembling it (including very high risk investments). I may possibly (maaaaybe) consider investing 5-10% of my net worth in riskier projects in the future (like angel investing) but otherwise I'd...

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from Personal Rules to Avoid Losing Your Wealth

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