Quote:
Originally Posted by Cajundaddy
I'm sorta old school and like to spread things out to mitigate risk long term. I like Real Estate, Vanguard index funds, muni-bonds (tax free), and I use life insurance but it represents maybe 5% of my investments. Over time this has worked pretty well with RE being high risk, high return and VG being low risk lower return. I do buy and sell stocks with side money but realize that game is pretty rigged so you need to know who is doing what to who. I don't like being out of the loop so index funds work better for me as an investment tool.
With investing, there is a tell that indicates someone is ripe for fleecing. It's the one who believes you can get high returns with low/no risk. They always get cleaned out first by buying pie in the sky.
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this is what makes the most sense of what I've read.
but it's a lot of what people feel comfortable with.
since my business is referral based, not doing well for my clients in a highly competitive market would put me right out of business.