Friday, September 20, 2019

Getting Rich - Taking calculated risks (8 of 16)

Taking calculated risks. Success requires calculated risk, which require you do your homework in order to gain working knowledge in some area and then take action on that knowledge. It might be real estate, investing in some private business, starting your own business, etc. Roughly half, 51 percent, of the self-made millionaires in my study invested their savings in a start-up or private businesses or they made investments in specific areas such as real estate.

Actionable Items



It is so hard for me to learn to invest on stock market again. I did it this year in April after a few months personal finance research. 

I learn the data based on index and how much growth last 100 years. I believe that I should trust capitalism, and then learn as early as possible to invest USA economy. 


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