Description
Since the start of our career, we are advised to buy stocks - It goes like this:
Compounding works the most when you give it more time or your income profile will grow so you should take more risks or get into stocks!
All of this is correct but this is not LAW!
There can be a few high savings and earnings individuals that might not have the appetite for risk!
We explore today why this statement doesn't apply to everyone and what is MY rule of thumb that I use when deciding HOW MUCH MONEY SHOULD I PUT INTO STOCKS - this will also help you to crystalize your thought process!
We end the PODCAST with a test - this will exactly tell you how much risk can you take!
Hope you will like it!
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