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#214 with Ramit Sethi - Why You Should Have a Diversified Investment Portfolio
My First Million
You've Got to Start With Your Stuff, Don't You?
Shan: You need to be able to answer some basic questions if you want to do all this risk seeking stuff. What is the typical acid alocation for a forty year old? And why? Where does this eight % return per year cout from? When is my debt going to be paid off? Ah, what do i actually want to do with my money if i have 500, a million, five million? If you can answer these questions, you are not ready to begin taking all this astronomical risks. Sam: Whenever you see i'm ready, you should immediately close that window and never listen to any finacrepise on that side.
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