because someone sold it to them
If you’ve only recently begun accumulating material levels of assets, I virtually guarantee your tolerance for risk is nowhere near as high as you believe it to be.
There’s too much to learn and not enough time.
The power of compounding when saving for college trumps even the world-beating investment returns.
Be fearful before others are fearful and less greedy in general.
Annuities offer a guarantee
I only shot the ball once.
The steamroller of needing to raise more capital
The market is pretty good at updating its beliefs.
Have you ever bopped your bologna?
Think about debt as an amplifier. It doesn’t change the odds of success, but greatly changes the magnitude.
(Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers click here.)