The conventional equation is as follows: if you follow conventional wisdom from conventional people living conventional lives you will get exactly A CONVENTIONAL LIFE!
More money more problems. Sometimes too much excess money presents a conundrum of what do I do with all this money. One things for sure if you choose to invest you don’t want to pay any attention to it. If you do you are undoubtedly going to mess with it. The people that make the most money from investing don’t invest too much time in it. Let’s just say you don’t beat the person that just let it be.
Entrepreneurs and business people don’t make the best investors. That’s because in the cycle of building businesses- a lot of entrepreneurs become very myopic, and tunnel vision takes over, and they have blinders on. They can’t see what’s happening elsewhere- only what they are doing. Not good for investing! Business owners should do themselves a favor. Treat their investments like investments.
DISCLAIMER: Please be advised that nothing in this video shall be construed to be financial, legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor. All personal opinion is intended for general information purposes only.