View Single Post
Old 01-31-2007, 05:16 PM   #11
Jeff Lebowski
Charon
 
Join Date: Jan 2006
Location: In the heart of darkness (Provo)
Posts: 9,564
Jeff Lebowski is on a distinguished road
Default

Quote:
Originally Posted by jay santos View Post
Buying one stock is order of magnitude more risky than buying an index fund (which I would call high risk). Leveraging a real estate purchase is order of magnitude more risky than buying one stock. And giving money to your brother-in-law as his financial partner for his business idea is order of magnitude more risky than the real estate purchase. This kind of aggressiveness is not what I'm talking about.
These are lessons I am learning the hard way.
__________________
"... the arc of the universe is long but it bends toward justice." Martin Luther King, Jr.
Jeff Lebowski is offline   Reply With Quote