9min chapter

My First Million cover image

The Cashflow King: “Here’s How I Do It”, Negotiating w/ Jeff Bezos, Elon’s Cracked Rocket - Jason Fried

My First Million

CHAPTER

Conservative Investing and Profit Distribution Strategy

The chapter delves into a conservative investment approach focusing on index funds, bonds, and established individual companies for low-risk returns. It also shares insights on profit distribution, advocating for pulling out all profits at year-end for tax reasons, emphasizing high margins, low costs, and prudent growth.

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