2min chapter

Many Happy Returns cover image

How Late Is Too Late To Get Started Investing?

Many Happy Returns

CHAPTER

The Importance of Taking Risk in the Long Term

Premium bonds are clever because it's a great name from my marketing point of view. And it's also tapping into people's sense of gambling, you know, way. People don't appreciate that for different periods of time, risk changes. You know, over a one year period, equity is very risky. Over a 40 year period or 30 year period will suddenly bonds are a disastrous risk. That's the simple truth. Whereas with equity, it's very likely you will get very good returns over that kind of period.

00:00

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