The Intrinsic Value Podcast - The Investor’s Podcast Network cover image

MI283: Simple Ways to Supercharge Your Money & Investments w/ Chris Pedersen & Paul Merriman

The Intrinsic Value Podcast - The Investor’s Podcast Network

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The Importance of Play Money in Investing

Is there a small percentage of a portfolio that people can go pick stocks, trade options, play with pennies? Do whatever they want really. Is there an allocation you guys think that's reasonable to be able to go play around and make kind of risky, non-long-term investments? You know, I think play with what you want to lose. That would be my starting point. Just assume that if you're playing, you might lose it all.

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