No matter what kind of investor you are today, you can become a different investor tomorrow. The results you have today, no matter what they are, likely stem from a set of skills. If you want better or different results, you’re going to need different skills. Somewhere in the intersection between what you can control
First up... Let's be clear, that in the context of investment vernacular, risk is often confused with the word 'volatility'. Risk implies the probability of complete loss, whereas volatility refers to the fact your investment can fluctuate in value in the short term. Gambling lends itself to the word 'risk', which some types of investments
The Zombie-Apocalypse Portfolio is a collection of investments that include exposure to alternative investments that also work as forms of money. Crypto, start-ups, fine art and precious metals like gold and silver are examples of alternative investments. In my younger years I’d listen to ‘alternative’ music like Fugazi, Pixies, screaming trees, Nirvana. In a way,
