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Q&A: Buying Bitcoin at $100K, When to Close a Business, & HSA vs. Roth IRA

Rich Habits Podcast

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Investing Wisely: Balancing Passion and Profit

This chapter discusses the critical importance of maintaining a diversified investment portfolio, comparing the approaches of long-term investors with those of gamblers. It includes insights on the merits of accepting stock versus cash bonuses for retirement contributions and transitions into exploring the complexities of closing a business, highlighting the balance between passion and market viability. The conversation further emphasizes making informed decisions about profitability and the necessity of learning from past entrepreneurial experiences.

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