Rate of Return vs. Return of Your Money | Episode 455
Wealth Talks · Wealth Talks Podcast
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Show Notes
Mark Twain has the credit for saying, "The Return of my money is more important than the return on my money." It is better to make an investment that returns a small increase as well as your seed money than it is to make an investment that has a large projected return but fails to return your seed money. Warren Buffet said, "The first rule of an investment is don't lose, The second rule of an investment is don't forget the first rule and that's all the rules there are." If you lose your seed money, how are you going to get ahead financially?
You can earn a positive average rate of return while you're losing money!!
We talk about bad investments, good investments and how to access capital to make investments.
Resources: Life Insurance review: https://mcfieinsurance.com/
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