In the current economic situation, excitement can build with the thought of the availability of investing opportunities. However, some opportunities could lead to great risk. Talking about boring investing could really be a valuable conversation.
In this episode, Mike talks about the exciting part of boring investing. When it comes to cryptos and stocks, it can be exciting to invest in riskier stocks in hopes to get rich quick but it is never that simple. Having individual stocks could be a great way to get rich, but it is a lousy way to stay rich.
Mike Whitmore discusses:
- Why diversification is so important
- What he thinks about cryptos
- Why you should stop gambling with your future
- The benefits of having a retirement plan
- And more