Rate of Return vs. Return of Your Money | Episode 455
Mark Twain has the credit for saying, \u201cThe Return of my money is more important than the return on my money.\u201d It is better to make an investment that returns a small increase as well as your seed money than it is to make an investment that has a large projected return but fails to return your seed money. Warren Buffet said, \u201cThe first rule of an investment is don\u2019t lose, The second rule of an investment is don\u2019t forget the first rule and that\u2019s all the rules there are.\u201d If you lose your seed money, how are you going to get ahead financially?
You can earn a positive average rate of return while you're losing money!!
We talk about bad investments, good investments and how to access capital to make investments.
Resources:
Life Insurance review: https://mcfieinsurance.com/
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