1201 - Do You Know What Your Number One Risk Is as a Passive Investor? It’s Fraud by Paul Moore
BiggerPockets Daily
English - January 28, 2024 07:00 - 9 minutes - ★★★★★ - 284 ratingsInvesting Business Entrepreneurship real estate success financial freedom financial independence wealth wholesaling money landlord realestate real estate investing Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
You’re undoubtedly wondering what the answer to this question is. I was, too.
As a due diligence partner for over 800 investors, we think about risks all the time. Since our default is to say no, we probably think about risks more than most people do.
In The Road Less Stupid, author Keith Cunningham says (I’m paraphrasing):
Rookie investors: “How much can I make?”
Seasoned investors: “How much can I lose?”
Professional investors: “Can I afford to lose that much?
We believe the best investors think about risk more than return.
Learn more about your ad choices. Visit megaphone.fm/adchoices
You’re undoubtedly wondering what the answer to this question is. I was, too.
As a due diligence partner for over 800 investors, we think about risks all the time. Since our default is to say no, we probably think about risks more than most people do.
In The Road Less Stupid, author Keith Cunningham says (I’m paraphrasing):
Rookie investors: “How much can I make?”
Seasoned investors: “How much can I lose?”
Professional investors: “Can I afford to lose that much?
We believe the best investors think about risk more than return.
Learn more about your ad choices. Visit megaphone.fm/adchoices