3min chapter

Money For the Rest of Us cover image

How To Get Better At Risk Taking

Money For the Rest of Us

CHAPTER

Investing in the Start Ups of Family Members or Friends

As income in equality increases, that actually leads to more risk oversion. Wealthy investors want to protect their existing capital and are less likely to initiate investments. We need investments where there's the potential risk of loss in order to foster innovation and productivity increases.

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