Afford Anything cover image

Ask Paula: How Much Should I Invest vs. Keep in Cash?

Afford Anything

What's Cool About Sand Box Money Versus Non Speculative Money?

3min Snip

00:00
Play full episode
The only thing that works over the long term is this fundamentally a company that's going somewhere. The overwhelming majority of your investing money should be used or your goals, and should be treated according to a very well thought out plan. If you are the type of person who gets real excited about speculative opportunities, and you want to indulge that wild hare, you want to see what rolling the dice might do,. Sure, take up to a maximum of ten % and go wild, because that will scratch the itch that allows you to manage the 90 plus percent better.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode