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EFP 213: After The Exit

Empire Flippers Podcast

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Is That How Warren Buffet Made His Money?

The risks involve in going with the generic advice are very, very real and very, very often not talked about at all. Can you put ten % of your income into a tax deferred ira that invests in vanguard index funds for your entire life and become a millionaire? Sue, yes, you can. I know many people for whom that has worked out. But there's so much more opportunity when you look past the general advice. And is it risky? Of course it's risky. Are you even going to make it t 70 years old? There's no guarantee that you will. What if you are 69, retiring in a year, and the stock market plummets 80%

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