Skip to main content
No. of Recommendations: 4
This changes the situation somewhat and puts me back at a gross effective yeild of a little over 17%. If this were the situation, is it still something that you would pass up?

Asking these kinds of questions is always good, but only you can really answer for yourself. Keep in mind Jim is in the middle innings of his game and probably has a significant Net Worth. He might not want the risk others might willingly take, and he might demand a higher return than others. If you are young, or starting out trying to build, it's often necessary and even prudent to take higher risks and lower returns to get started.

Think of your first job. Even if you were sitting next to someone doing the same work, if your neighbor had 20 years invested, she would be getting higher pay.

You work hard for fewer dollars to get started. What you never need, however, is scary high risk.

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.